Professional tax for corporate

haridas rao (73 Points)

10 April 2021

is a company liable to pay professional tax with multiple branches separately
i.e 25*2500 for 25 branches

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4 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 10 April 2021

I think p.tax should be paid on consolidated basis

haridas rao (73 Points)
Replied 10 April 2021

So 2500 total?

CMA Poornima Madhava (CMA) (13112 Points)
Replied 10 April 2021

In Karnataka, every branch is treated as separate assessee and hence I think PT is payable in respect of each branch, in Karnataka.

CA Puja Sharma (Chartered Accountant) (4972 Points)
Replied 11 April 2021

Yes because professional tax is state tax

However all the states in India do not impose PTax. -

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