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is the company liable to deduct and pay professional tax
for directors?
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Answer / vishal
yes company is liable to deduct & pay professional tax to
the concerned department from the directors salaries.maxium
profession tax is Rs2500
| Is This Answer Correct ? | 27 Yes | 3 No |
Answer / h.r. sreepada bhagi
If Profession Tax (Tax on Employment) is applicable in the
state on salaries, then it needs to be deducted & remitted
to the concerned department in respect of
Salary/Remuneration paid to the directors also.
Mr. Kiran the question is not about Tax audit or TDS on
Professional Charges, but is about Profession Tax levied by
State Governments in India.
| Is This Answer Correct ? | 24 Yes | 6 No |
Answer / shubhchintak
Why do you accept any answer which is not at all relevant to the question asked?
| Is This Answer Correct ? | 2 Yes | 7 No |
Answer / kiran
professional limit of audit rs.10 lakh
tds deduted on professional rs.20000 and after 1 july
rs.30000( new)
| Is This Answer Correct ? | 10 Yes | 21 No |
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