Hey,
I work in Delhi registered Pvt Ltd company. It have branches/showrooms in Gujarat, Karnataka & Telangana. I wanted to know if professional tax would application on company or not. And do we need to pay directors professional tax also?
2 Replies
Lisa Miller
(Freelance Writer)
(22 Points)
Replied 25 February 2024
Hey there,
Professional tax is usually levied by state governments in India, so the rules may vary depending on the state where your company is registered. Generally, professional tax is applicable to both companies and their employees. The company is responsible for deducting and paying the professional tax on behalf of its employees.
Regarding directors, if they are employees of the company and receive a salary, then professional tax would apply to them as well. However, if they are not employees and receive only sitting fees or dividends, professional tax may not be applicable. It's always best to consult with a tax advisor or accountant familiar with the specific state's regulations to get accurate advice for your situation.
sabyasachi mukherjee
(27574 Points)
Replied 25 February 2024
WE ALL PROFESSIONAL HAVE PROFESSIONAL TAX NUMBER AND WE ARE REGISTERED UNDER THE PROFESSIONAL TAX ACT.
Recent Topics
- REGARDING GSTR-9 F.Y 2023-24
- Hs news agency from desh to an
- Rectification to decrease income in SCHEDULE OS
- Can Statutory Auditor of a subsidiary become concu
- Client Asking for the Revised Invoice
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
Related Threads
CAclubindia
