I have 2 different business on my name with different GST and the place of business is same.
One of them is partnership firm and other is proprietary firm.
Ex: I'm partner in business1 and owner of business2
How many professional taxes should I pay??
Pay professional tax for each business(So pay 2 times) OR pay professional tax for any one of them as both the businesses are backed by single pan card ??
Thanks
Both business entities have different PAN cards, & hence both the businesses are required to register under PT act.
Hi Dhirajlaal
Thanks for the reply. I'm also an employee of a company so paying professional tax on my pan card as an employee.
So from your reply can I say -- I already paid professional tax for business2(as an employee of other company). So now I should pay tax for my business1.
Thanks
Apply to PT officer to consider your PT exemption in your proprietorship firm & get approval letter.
But for partnership firm you need to register its PAN under PTEC.
CAclubindia
