Profession Tax COVID-19

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76 Points Posted on 13 November 2020
If there is no sale or purchase transaction of a dealer (due to COVID-19) and situation is going to be the same upto 31-03-2020.

Still Maharashtra PTEC liability is to be paid or not???

Can we say no business no PROFESSION, so no tax??
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On 13 November 2020 at 14:29 Report
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Quick Summary
This discussion addresses whether Maharashtra Profession Tax (PTEC) is still payable by dealers who had no sales or purchases due to COVID-19, up to March 31, 2021. The consensus is that tax liability remains, regardless of business activity or closure, unless specific exemptions like age (over 65) apply. Simply having no business does not automatically waive the PTEC obligation.

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Tax consultant
5895 Points Posted on 13 November 2020
There's is no such exemption
if you're age is 65 then you can get as I think other exemption is not allowed to you
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On 13 November 2020 at 16:36
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Student
23693 Points Posted on 13 November 2020
Profession Tax needs to be paid Sir irrespective of the fact that any business was carried on or not during the year...
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On 13 November 2020 at 18:45
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76 Points Posted on 13 November 2020
What if the business was closed ??
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On 13 November 2020 at 18:54
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Accountant
3662 Points Posted on 13 November 2020
You are liable to pay PT
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On 13 November 2020 at 19:42
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76 Points Posted on 13 November 2020
Sorry correction in question 31st march 2021
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On 13 November 2020 at 19:48
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Tax consultant
5895 Points Posted on 13 November 2020

Closed as in widind up

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On 13 November 2020 at 21:09

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