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Llp and profession tax.
Hi,
We have started a LLP with four partners and I am looking for help regarding profession tax.
1. Does LLP need to get PTEC?
2. Do the partners have to get PTEC individually?
3. We have employed two people on contract basis. Do we need to get PTRC and pay PT for them as well?
Regards,
Aniket Alashe
Replies (1)
1. LLP needs to be obtained PTRC
2. If partners & employees, PT is paidby LLP then PTEC is not required. Otherwise needs to be obtained both for employees & partners
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