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U/S 16(iii) of Profession Tax

This query is : Resolved 
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(Querist)
29 January 2008 Dear Sir

The following information I like to verify from youe end. I will be very much onward if you kindly verify the information.

1. Director Profession Tax paid by company will that be contra entry of taken in and out in the tax computation

Regards
Satyajit Roy Chowdhury
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
29 January 2008 In personal return of that director PT will be added in Income and then be deducted as a deduction out of salary Income u/c 16(iii).

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