Profession tax

Poonam (CS,Mcom CA FINAL) (512 Points)

22 February 2013  

Hello,

I need a small help, whether a company needs to pay profession tax even if it has no business or any activity since 2004???

 As per my knowledge Companies registered under the Companies Act, 1956 and engaged in any profession, trade or calling have to pay Profession Tax of Rs.2500 p.a but i am not sure whether  the company need to pay profession tax when the activities are completely shut downfrown.

Can any body pls clear me with the Profession Tax provisions...blush

 

Thanks in advance for your help,

Poonamsmiley