Tax

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Querist : Anonymous

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01 October 2012 is professional tax is mandatory for lawyer.

Querist : Anonymous

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01 October 2012 if a lawyer file his return now. can be filed without penalty.

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 Professional Tax is Mandatory for Every One.
Employee Employer Service Provider.

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CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 Penalty Not be Paid, Its After Assessment Only.

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2012 In case professional have nil tax liability nil.is same provision is applicable ?

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2012 this rule is applicable only for nil tax liability assessee.

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 Professional tax have no relation with income tax liablity.

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Querist : Anonymous

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01 October 2012 it means if any body is professional then any how he have to pay professional tax ?
what is the amount of professional tax for lawyer?
and what is the process?

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CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 First You Need to register With Your Department of Commercial Taxes & Get Professional Tax registration Number.
Its Vary State by State.
Depends on Your Earnings.
It May be Between 600-2500 Rs Per Year.

& If You Keep Employee, Then on That Also You Need to Pay professional Taxes

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 In India, this tax is imposed by various states. It is imposed on business owners, working individuals, merchants and people carrying out various occupations. The following states impose this levy in India - Karnataka, West Bengal, Andhra Pradesh, Maharashtra, Tamilnadu, Gujarat, and Madhya Pradesh.

Professional tax is levied by particular Municipal Corporations and majority of the Indian states impose this duty. It is a source of revenue for the government. The maximum amount payable per year is ` 2,400/- and in line with your salary, there are predetermined slabs. It is paid by every member of staff employed in private companies. It is subtracted by the employer each month and sent to the Municipal Corporation. It is compulsory as income tax. You will be eligible for income tax deduction for this payment.

Querist : Anonymous

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01 October 2012 in my case my income is below 200000 p.a. and now i want to file my return i did not pay professional tax .
plz suggest me what i do?

Querist : Anonymous

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01 October 2012 and i am a lawyer.

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CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 Your State Name ?
Check That State Site.for Slabs

If You want to File IT Return, Then Go for It.

Not a Single relation of Professional Tax With Income Tax.

Both are Different.

File Income Tax return
After That Think for Professional Tax.
Not a very Serious Issue.

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2012 ok thanks alot.