centralised Professional tax payment.
This query is : Resolved
27 July 2009
Can we remit the professional tax deducted from employees of different state at Bangalore as HO of this office is in Bangalore and salary is being done at here .If so what is the procedure?
27 July 2009
You cannot. The object of the Act is to levy tax on the professions, trades, callings and employments carried on within the jurisdiction of the State by a State Govt. Article 276 of the Indian Constitution empowers the State Govt. to levy such tax. As such, you have to register your branches / establishments in various States, deduct prof. tax as per the slab of that particular State Govt. Act and discharge on behalf of the employees.
In addition, you have to also remit Rs.2500.00 per annum for the Company to carry on the trade in that State.
In addition, you have to also remit Rs.2500.00 per annum for the Company to carry on the trade in that State.
29 July 2009
Thanks for your reply. I want to clear you that, we deduct PT as per respective state slab ,only thing we remit at SBI (core bank)at Bangalore.All other assesment would be done at respective state . Please suggest.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Whether still royalty
- Offsetting interest income against derivative trading losses
- SEC 54 OF IT ACT
- RCM - commercial rent paid to URP under GST
- Gratuity Withdrawls
- DEMAND ORDER
- Amendment of September 2021 Invoice
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
