17 May 2012
Dear all, We are a company at Bangalore & Have a branch in Hyderabad. Recently we paid year PT of Rs 2500 at Bangalore. My Question is is there any Law saying we need to pay yearly PT for Branch also in Hyderabad? Also please confirm whether we need to pay year PT in Hyderabad for All the directors of the company who sits in Bangalore?
17 May 2012
PT is state matter, so you have to discharge the enrollment of branch in hyd also,
as the head office belong to blr onlly, you dont have to pay for directors in hyd again, but they may seek copies of tax payment in name of directors in blr for their records.
CAclubindia
