Professional Tax of Rs.5440/- was deducted by 3 employers during the financial year While filing ITR, system is mentioning that "Maximum deduction of Professional tax u/s 16(iii) can be claimed of Rs. 5,000.". I am unable to fully claim the deducted amount. Can't we claim the fully deducted professional tax by the employers while filing ITR.
Menu
Professional Tax Deduction with multiple employers
Replies (2)
No. Maximum PT payable cannot be more than 5K.
PT deduction allowed on payment basis. There is no such limit. Last year, we took 7000 deduction for 2 assessees which processed as it is
Recent Threads
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
- RCM List on GST
Related Threads
CAclubindia
