when a individual pays proffesional tax of 2334. can he avail entire amount as deduction under sec 16(iii) or it is restricted to 2196?
viji ravi
(10 Points)
Replied 02 June 2017
Is self employed, directors of company and partnership firm proffessional tax subject to a slab or ceiling limit?
if so kindly mention were it has been stated
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1448 Points)
Replied 02 June 2017
P. Tax is only applicable if there is relationship between employer and employee.
viji ravi
(10 Points)
Replied 02 June 2017
but article 276 states that directors of a company, partnership's, individual partners, self employeed persons or owner's of any business undertaken in the state, it is to be submitted depending upon there gross turnover in the preceding year.
Kamal vashist
(Accountant)
(183 Points)
Replied 02 June 2017
As per article 276(2) of the constitution ,State Govt , municipality or other authority which is authorised under article 276(2) can impose professional tax on employment from a person maximum up to 2500/year.