Profession tax

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Valerian Dsouza

Manager Audit & Taxation

170 Points Posted on 11 May 2011

As per notification from Commissioner of Professional Tax, Maharashtra State, dated 26th November, 2010, entities that are having employees professional tax liability above 20,000/- during the year have to file electronic return in Form-IIIB online from February, 2011. Payment had to be made on MTR - 6 challan.

We have made following mistakes.

1. PT has been paid in time old challan format upto March, 2011

What is the remedy ? Is penalty condoned ? if not how much is the penalty payable ?

2. We have paid the taxes in time but not filed electronic returns till date. Is penalty condoned ? if not how much is the penalty payable ?

Kindly advice.

thanks and regards,

Valerian D'souza

Replies (2)

Harpreet

* * * * * *

1941 Points Posted on 11 May 2011

I think you will not get your query resolved here as no body has awareness about Professional Tax. But you can justify yourself as you did not do anything wrong intentionally. Just have a visit to the department of Professional Tax and discuss with them about the new procedures. Definitely then you will get your problems/queries resolved there.

U S Sharma

glidor@gmail.com

21670 Points Posted on 11 May 2011

file the return upto march 2011 in old format , and follow the new rules from april 2011

the limit of 20000 has been changed to 50000 w.e.f 01.04.2011

when any taxation rule get changed or notified, transitional provisions apply (except customs and central excise), so there is no chance of penalty for using old format. but you had to submit your return in time, where you have not followed the rules, however the department may consider the late submission.