Professional tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2010 We are educational institute (Pvt Ltd. Co.) providing material to students making payment to the professors for preparation of sylalbus for the students. There salary or prof fees depends on the syllabus prepared by them, its changes.
So, can we deduct the PT from theirs prof fees or TDS? and what is the regulation for the same?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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06 March 2010 For salary income there should be exist a Employer -Employee relationship.

So if the professor employees of the educational institute it is salary income tds on salary u/s.192B & PT will applicable

Otherwise Professional charges TDS only applicable U/s.194J

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