Profession Tax
Prashant
(Querist) 20 May 2009
This query is : Resolved
We are Pune based listed limited company. We have 17 marketing branches all over India and the employees are recruited in the branches. We are processing all the branch employees salaries from Pune and transferred to them. While doing so we are not deducting profession tax from salaries of employees of certain branches because Profession tax is not applicable in that particular state where our branch is situated. So is it right that although salary is paid from Pune i.e. from Maharashtra state but Profession tax is not deducted.
Can anyone give us the correct legal provisions under the Maharashtra State Profession Tax.
Similalry if profession tax is applicable in the state in which our branch is situated in that case do we have to deduct Profession tax as per that state tax laws or Maharashtra state laws. If it is to be deducted as per that state tax laws how to deposit the same in Maharashtra?
Thanks in advance
A V Vishal
(Expert) 20 May 2009
Prasant,
Profession Tax is a state subject, hence each branch has to register with the PT officer under whose jurisdiction they fall and deduct the PT as per the prescribed rates and remit the same. Non compliance will attract penalties and also prosecution
