Explain the steps as to how Professional Tax be claimed as a deduction u/s 16(iii) by a Handicapped employee ? Does it need to be adjusted while changing a job in the state government ?
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Deduction u/s 16(iii)
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Quick Summary
There is no separate Provision for handicapped w.r.t professional tax.
The amount deducted by employee can considered for tax calculation
The amount deducted by employee can considered for tax calculation
Being handicapped is not relevant to claim professional tax deduction. You may claim the total amount deducted and paid by both your employers put together
The amount deducted by employers can considered for tax calculation
Under Section 16(iii), a deduction from salary can be claimed by the taxpayer on account of professional tax paid. The deduction for professional tax will be allowed in the year in which the tax is actually paid by the employee. Professional tax due but not paid cannot be claimed as a deduction from salary.
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