Proff tax is deducted by employer from the salary of emplyee.It is a state based tax. Constitution has given right to State to impose Proff tax. Maximum limit Rs. 2500 per annum.
Now the some state govt. demanding to increase the limit to Rs.5000.
Emplyee may claim deduction of proff tax from salary income u/s 16 of the Income tax Act.
sumit are u realy in ca final it is stupid question u have asked please dont insult our profession the reason is that professional tax is charge on professional not on trainees ok. so please what ever u want to ask think thrice. bye dont mind ok
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