Hi
If one of the partner of Firm fail to get register under Profession Tax Act in Maharashtra i.e he don't have PTEC number. Now the obligation and liability for such default is rest with Partnership Firm in which he is partner or with himself ?
Menu
Liability and obligation under ptec default
Replies (1)
Profession Tax is State Obligation and covered under MVAT. The PTEC registration is compulsory for person who is doing any business under professiona, trade, services etc on Individual PAN.
Its an Individual Obligation and the P.T. should be paid by individual.
The Firm will pay P.T. on Salary only under PTR Regisatration.
Its mutual understanding if firm agree to pay P.T. on behalf of partner.
I Think this one clear your doubt.
Recent Threads
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
- TDS - requirement of TDS by individual under presu
- Normal Register in GST in delhi in gujarat no rece
Related Threads
CAclubindia
