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Categories >> Accounting >> Taxation


 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1904)
 Accounting General interview questions  Accounting General Interview Questions (2827)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4368)
is the company liable to deduct and pay professional tax  
for directors?
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
# 1
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 ?    18 Yes 4 No
H.r. Sreepada Bhagi
# 2
Is This Answer Correct ?    9 Yes 0 No
# 3
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 ?    10 Yes 1 No
# 4
Why do you accept any answer which is not at all relevant to the question asked? 
Is This Answer Correct ?    1 Yes 3 No
# 5
professional limit of audit rs.10 lakh
tds deduted on professional rs.20000 and after 1 july
rs.30000( new)
Is This Answer Correct ?    9 Yes 18 No

Other Taxation Interview Questions
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How to Claim Cenvat Credit.   2
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In the excise bill I have applied basic excise duty only. The excise duty of cess(2%) and Hcess (1%) is not applied. Is this correct???   1
what is tax rate for Companies for the Assessment year 2009-10?   3
Which permit form(way bill ) will be used for CST billing from Haryana   3
is Discount Allowed Indirect Expences? Next-Step 7
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is WCT TDS should deducted on gross value (basic+service tax)?   4
What is difference between Gross salay and CTC? TVS 14
what is the defference between CST with C form and CST With out C form?   2
For more Taxation Interview Questions Click Here 

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