I am a resident of Gujarat. I have my own business and i am also doing a job in another company. I am already paying professional tax of Rs 2400/year for my business. The place where i work also deduct professional tax of Rs 2400/ year from my salary. My questions is do i need to pay professional tax two times if i have my own business and also if i am employed in another company at the same time.
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Professional tax
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As per section 16(iii) tax on employment or professional tax is first included in the salary as perqusite and then deducted from the gross salary. in your case if the employment and profession is same (within the same meaning) you can claim deduction for max of 2500 otherwise professional tax deducted paid by the employer will be included as perqusite and then deducted inclusive of your business profession(tax) as a whole(4800).
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