Professional tax

This query is : Resolved

Nikhil Kothari (Querist)
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24 July 2019 One of my client have received notice from Karnataka Professional Tax department claiming Professional Tax payable as Rs. 5,000.00 pa from Financial Year 2011-12 to 2014-15.

My client is has a partnership firm consisting of 3 partners out of which one is senior citizen and having a total annual turnover of Rs. 35,00,000.00 and also have employed 2 people.

So now my query is what is the calculation behind Rs. 5,000.00 ?

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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31 May 2020 Professional Tax is state specific tax and it varies from state to states in India. You can refer the Karnataka Professional Tax Rates applicable from its official website.