krishna (Chartered Accountant) (39 Points)
29 May 2018CAN ANY ONE TELL ME IF ASSESSEE IS GETTING SALARY FROM TWO EMPLOYER AND BOTH BOTH EMPLOYER IS DEDUCTING RS. 200 P.M AS PROFESSIONAL TAX .
SO, WHETHER ASSESSEE CAN GET DEDUCTION U/S 16 FOR TOTAL PROFESSIONAL TAX DEDUCTED I.E. RS.4800/- OR MAXIMUM DEDUCTION RS. 2500/-??
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 29 May 2018
CA Pratik Gelda
(Chartered Accountant)
(50 Points)
Replied 29 May 2018
Actual amount of tax on employment or professional tax paid is allowed as deduction. If both of your employer has paid professional tax on your behalf, you have to include the amount in salary and then claim full deduction.
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