profession tax

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dipak (Querist)
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30 September 2009 is company is liable to pay profession tax as comapny ? whts its due date & amount ?. wht abt directors pt ? same due date & amount ? who is liable to pay profession tax on directors ( if company is public ltd ) hurry

CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
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30 September 2009 Profession Tax is a State Tax and may differ in States.

Company is liable to pay profession TAX.

For employees and directors company deduct tax on profession from their remuneration and deposit to Govt.

If the directors are not executive directors and does not receive regular salary then they have to deposit their own P.Tax to authority.

for west bengal applicable schedule

http://www.wbcomtax.nic.in/Act_Rule_Schedule_Form/ptschedule.htm

You can check the same for ur concerned state but principal rules are generaly same.