Menu
Professional Tax
can any one please tell me should a retainer or contractor needs to deduct Professional Tax and TDS?
Replies (8)
Professional need to submit to government 2500 Professional Tax and TDS on profession is deducted after limit of single contract is >30000 and agreegate in a year is >100000 @ 10% u/s 194J
so, both tax needs to be deducted? what if income is above 3L. should be deducted only TDS or both?
Since income is above 250000 then yes PT is to be deducted as per slab and TDS is deducted as per limits specified above.
PT is deducted for salaried perons or for both salaried and contractee?
PT is for salaried and professional
thanks!!!
If it's for professionals too is there slabs for PT?
If it's for professionals too is there slabs for PT?
| Originally posted by : Thomas Thom | ||
 |
thanks!!!If it's for professionals too is there slabs for PT? |  |
Yes
can u pls share madam, and if Lawyers are working as retainers, and they are deducted TDS and PT, is this applicable through out India?.
Recent Threads
- High Value Transaction - FY 24-25
- ITR e-verified but not under processing for 5 mont
- Loan from NRI to OCI card holder
- Buy back of capital goods
- Foreign professional income.
- RCM Paid by NBFC
- TDS not deposited by the deductor
- Assessmet Procedure us 147
- My deduction under 80 g is wrong and I should have
- GST utility 3.2.3 json not generating
Related Threads
CAclubindia
