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Professional tax payment yearly

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Sheetal Borate

38 Points Posted on 07 July 2021

When any company's periodicity is yearly and has no employee for few months, then how can one pay PTRC for that particular month?

Replies (3)

Quick Summary

This discussion addresses how companies with a yearly tax periodicity and temporary periods without employees should handle their PTRC payments. It clarifies that if no tax is due for a specific month, the liability is nil. The process involves using the e-PRERANA portal, selecting the e-Payment option, and entering PTR details to manage these payments.

Sheetal Borate

38 Points Posted on 07 July 2021

Can any company skip payment for those months?

CMA Poornima Madhava

CMA

13117 Points Posted on 07 July 2021

Since the periodicity of payment is yearly, monthly data would be clubbed together I think. If no payment is due for any month, tax liability for the particular month would be nil.

debora M

BUSINESS DEVELOPMENT MANAGER

1697 Points Posted on 07 July 2021

Step 1: Open portal. Open the e-PRERANA portal in your browser.
Step 2: Select the e-Payment option. You will get the 'Enrolment e-Payment' option under the left sidebar under the head 'e-Services'.
Step 3: Make payment. After that fill in the PTR number and PTR date.