Professional Tax

[Ganeshan Kalyani]

Hi, I would like to discuss on Professional tax under PTEC where professional tax is payable by company of ₹ 2500/- per annum. The Professional tax number is TIN based and is alloted by department by area wise. It means that if a company is having say for eg. 3 units in different location it will have 3 PTRC registration and it will pay Professional tax under 3 different Professional tax number. The PTEC which is payable annually will be ₹ 2500/- for a company as a whole. I would like to raise a question that if in the State of Maharashtra a company is located and having PTEC with PTRC and other 2 location is in Nagpur and Solapur then there is separate PTRC. Whether is such situation ₹ 2500/- will be paid or ₹ 7500 (2500 *3) will be paidl.

Dear Experts kindly discuss on this topic.

regards,

ganeshan

AI Summary

Companies Must Pay Professional Tax Separately for Each Unit with Distinct PTRCs, Totaling Based on Municipal Jurisdictions. A participant in a discussion forum raised a query about the professional tax payable by companies under the Professional Tax Enrollment Certificate (PTEC) in Maharashtra. The question focused on whether a company with multiple units in different locations, each with a separate Professional Tax Registration Certificate (PTRC), should pay the tax of 2,500 per unit or as a single entity. A respondent clarified that the tax should be paid separately for each unit, totaling 7,500 for three units, due to different municipal jurisdictions.