About the requirement of Prof. Tax No.- its urgent

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Hello Friends,

 

Please help me with this. My brother has a properitory business and is registered as consultancy services. There is no invoicing now as it is just a consultancy and the turnover is also not above 10 lacs. So is it necessary to register and pay profession tax. If yes what is the procedure & what other registrations are to be done. Is it required to register for prof. tax?? If not registered what will be the consequences. Please let me know about this soon...pls tell me the sections related to this.

Thank you.

Replies (4)

Dear Amruta,

A Question born in mind is genuine and appreciable for the conciousness to pay tax, as you said..your brother is in consultancy service- Any professional Service provider are required to register with the Profession Tax Deparment. Let me share an interesting matter about profession tax- This is the tax which is being imposed by the government of Respective state- for the Bangladeshi People who were victims of the 1971- Bangladesh War. We are paying this tax since we are India- A helping hand.

Now Profession tax is being collected by State Sales Tax Deparment- I dont know to which state you belongs to - kindly let me know the same i will guide you exactly how to go about.

I hope you are now fundamentally clear about what is profession tax, why we pay and what to do.

Regards.

www.vaibham.com

yaa....i am from mumbai, maharashtra. pls tell me some sections to refer to..thank u

intersting to know it bhavik. thanks a lot, for such an good information.

@ Shyam- dear friend some one of my seniors has said me someday that understand why tax has been levied.- you will come to know.

@ Amruta

Give me call any time during the day- will explain you orally how should you go or refer to

www.mahavat.gov.in.- profession tax- there are not so complicated matters for the same.

Regards,

Bhavik @ www.vaibham.com


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