Profession tax partnership firm

Mahavat 1762 views 2 replies

Hanspal Singh

Chartered Accountant

58 Points Joined December 2010

I have the following queries,

-Are partnership firms holding MVAT TIN required to pat profession tax

-Are partners required to pay profession tax

Thank you

Replies (2)

Ashish

166 Points Joined November 2009

firm is liable to PT besides each partner is also liable to pay PT. Due for Payment in all 3 cases was 30.06.2012 for FY 2012-13. For new registration Officer will give date of same.

CA D.C. Bansal

Accounts Head

283 Points Joined November 2007

Partnership Firm has to pay the Professional Tax but partners are not liable to pay the Professional Tax. Pl check the schedule of Professional Tax of your state.