yes, however PT should not be paid if salary is below threshold limit of PT
If there is no liability to pay salary, then no PT is payable.
However, entries would be:
For liability:
Salary A/c Dr
To PT Payable
For payment:
PT Payable Dr
To Bank
Shaswat initial support private limited
Ahmedabad
CS
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SSGS and Associates
Chennai
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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CAclubindia
