For what Purpose we should pay Profession Tax? After paying
Profession Tax we can get benefit for personnel return
filling? If Yes? than where?
Answers were Sorted based on User's Feedback
Answer / sunil wanjare
We pay Profession Tax on the profession we carry out during
employment/business. The amount paid towards PT is deducted
from the total salary to arrive at net taxable salary.
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / manish.panchal
Yes definitely We get deduction of PT deducted from your
earnings. Income Tax is always deducted on your gross salary
hence any deduction deducted and paid to state or central
govt. would be allowed in your deduction.
Your Tax slab would be considered after all this deduction.
Is This Answer Correct ? | 1 Yes | 0 No |
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