professional tax

Rahul (Company Secretary & Manager-Legal) (216 Points)

24 December 2008

dear members plz help!!

suppose professional tax liability is Rs.1000.

will the employee pay entire 1000 or employer shall bear any percentage to that...eg. 20%/50% etc?

Reply
Follow
Share

7 Replies

Nikhil (CA FINAL CLEARED GRP 1) (86 Points)
Replied 24 December 2008

It's a liability of employee and he has to pay that tax

(Guest)

the employee shall have to pay tax

sitaram (Executive Accounts) (136 Points)
Replied 24 December 2008

Emplyer's duty to deduct the Prof tax from employee salary & pay the to government.

(Guest)

PT is to be deducted from salary of employee & the employer has to deposit the same within prescribed time limit to the respective treasury of Govt.

Rahul (Company Secretary & Manager-Legal) (216 Points)
Replied 24 December 2008

thanks to all of you for putting in your opinion.

really appreciate this.

R.Suresh (Sr. Executive) (394 Points)
Replied 24 December 2008

Employees only liable to pay this tax and claim as a dudction u/s 16(iii) from Salary income.

CA. AMIT BHUTANI (JOB) (124 Points)
Replied 25 December 2008

IT IS LIABILITY OF EMPLOYEE SO EMPLOYEE HAVE TO PAY ENTIRE TAX . NO SHARE OF EMPLOYER

Start a New Discussion