Ritik Chopra
(student)
(8128 Points)
Replied 12 March 2021
The maximum amount of professional tax that can be levied by a state is Rs 2,500. It is usually deducted by the employer and deposited with the state government. In your income tax return, professional tax is allowed as a deduction from your salary income
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 12 March 2021
you cannot claim deduction in FY 15
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
