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
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
