Professional tax of director

aasita

it the director is exc. director liability of P.T. is personal in nature however if the company is paid such liability than if Employees liability meet by Employer & than it should be incl. in the director salary as per Sec 17 (3) (iv) & director can claim the Deduction of PT in Form -16 & company can claim the payment as cost of Employment in Income tax. 

it the director is non exc. director  liability of P.T. is personal in nature however if the company is paid such liability than Director liability meet by  Company it will incl. in Business Income of Director as per Section 28 & company can claim the payment as cost of Employment  in Income tax. 

Thanks for the reply with proper explanation