Need information about tax on employment in wb

Siddhartha Kar (Sr. Executive Accountant)   (50 Points)

26 March 2013  

Dear Sirs,

Please let me know if any Director/s ( Executive) of a company, who gets professional/consultancy fees from the comapny in monthly basis, should liable to deduct profession tax from his/her consultancy fees. We deduct income tax as per u/s 194J(1)(ba).

If the answer is 'yes' then which process we have to be followed - 

1) Deduct P.Tax as per the slab in W.B or

2) Deduct tax of Rs. 2500/- in a year.

Thanks in advance for your kind cooperation.

 

Regards,

 

Siddhartha Kar

siddharthak @ evikasystems.co.in