Profession Tax Entry

When accounting the Professional Tax:

Salary & Allowances A/c Dr

     To Sundry deductions A/c

     To Professional Tax A/c

     To Salary Payable A/c

When Making Payment

Professional Tax A/c   Dr

   To Bank A/c

Professional Tax account created and group under "Duties & Taxes"

- Regards

Ashok

thanks

Hi Sir,

I have an query regarding annual payment of Company PTEC,

what will be the entry? it will be normal like ptrc or diffrent? and how both acccount will knockoff.

Please help.....

SIR CAN I DO THIS ENTRY FOR SALARY WITH PROFESSIONAL TAX.

SALARY A/C DR.               20000

PINKAL KUMAWAT A/C DR   200

 TO PINKAL KUMAWAT                 20000

  TO PROFESSIONAL TAX                 200

When accounting the Professional Tax & Salaries: Salaries & Allowances A/c ( Indirect Exps ) Dr Professional Tax (Duties & Taxes ) To Sundry deductions A/c (Salary Advance, etc., if any) To Professional Tax Payable A/c ( Current Liability ) To Employees a/cs ( Creditors for Exps ) 2) When Making Payment: Employees acs Dr Professional Tax Payable A/c Dr To Bank A/c Read more at: https://www.caclubindia.com/forum/profession-tax-entry-109274.asp

Can anybody guide us

I am a self employed I have paid Profession tax PTEC What will be entry in our books of account in tally in which head ?