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Professional tax by the director

others 1299 views 2 replies

Hi friends..

Query regarding payment of professional tax for company..

"Where any company, corporate body, society, firm, body of persons or association, pays the tax under this chapter, any director, partner or member as the case may be, of such company, corporate body, society , firm, body of persons or association shall not be liable to pay tax under this Chapter for the income  derived by such director partner or member form such company, corporate body, society, firm, body of persons or associations".

These lines are the extract from the Professional tax website. Can you pls explain these lines?

If a person is director in two different companies, whether professional tax needs to be paid by him for the 2nd company if he has paid already for 1st company?

 

Replies (2)
Dear Friend Professional Tax is one time libility for that year. 1)Propriter pay ones in a year though he conduct any activity or business.For business he can not pay a separate P.T.Same case for all Director or O.K.

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 at the same time.


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