Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

CMA.Devarajan Swaminathan (Cost and Management Accountant)     06 January 2011

Query - Profession Tax - Maharashtra - Partnership Firm

Partnership Firm Registered in Tamil Nadu. Comprising 10 partners. all partners are family members.

 

Partnership firm also does business in Maharashtra.

 

Only the Managing Partner in residing in Maharashtra and handling the business here. Other 9 partners are all outside the state of maharashtra.

 

Should only the managing partner alone be liable to profession tax or are all the partners liable to pay profession tax in maharashtra?

 

Your opinion please. If your opinion can be sustantiated with any case laws or cirular or notification all the better.

 

thanks.



Learning

 1 Replies

DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE )     06 January 2011

Partnership not registered in Maharashtra need not pay any proff tax either by firm or by partnesrs in Maharashtra


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register