Professional tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 May 2012
Is it necessary for sole proprietor without having any employee, to register for professional tax? Is he liable for professional tax?
10 May 2012
Any person carrying on business or profession is liable to pay Profession Tax for himself. The amount of Profession tax will depend upon the turnover of the business. But will range from Rs. 2000 to Rs. 2500.
However, in the case mentioned above, the proprietor shall not be liable for Profession Tax of employees. Only his own profession tax.
However, in the case mentioned above, the proprietor shall not be liable for Profession Tax of employees. Only his own profession tax.
10 May 2012
Profession Tax is state governed tax and is not applicable many states.
Please specify which state you are talking about??
Limts are specfied by respective states only.
Please specify which state you are talking about??
Limts are specfied by respective states only.
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
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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?
Trending Online Classes
CAclubindia
