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Question ID : 39311

Profession tax

Hello everyone, Need the suggestion If a person who is proprietor in a business. He is also a director, partner in other businesses. Is single one time profession tax is sufficient or he has to make the payment of profession tax separately for each capacity?

Posted by Roop Kishore Aheer on Jul 27, 2019

Filed Under MISC.

Answer ID : 79076

If your question is related to income tax on different business and profession carried on by you. Disclose your proprietorship and income from partnership as income from business and directors remuneration can be shown as income from profession. If your question is related to professional tax (employment tax) of your employees, it is better to remit professional tax in businesswise for each employee in those businesses.

Posted by CA PRADEEP C B on Jul 30, 2019