Dear Sir,
Professional tax annual registration for directors where we have paid from one of the group companies. Is it requires to make from each company where name of the director in two companies same.
Ex : X is a director in A and B companies but annual registration is paid from A Company . Is it necessary to pay from B Company also.
Provide us authority or notification or circular in Telagana State (Professional Tax Rules and Act)
regards,
Professional Tax: Is Separate Registration Needed for Directors in Multiple Companies? Clarification Sought Under Tax Rules. A query was raised regarding the necessity of paying professional tax annual registration for directors who serve multiple companies. Specifically, if a director is registered and the tax is paid through one company, it questions whether it is mandatory to pay separately for another company where the director holds a similar position. The inquiry seeks guidance on relevant authority, notification, or circular under the Professional Tax Rules and Act in Telangana State. A response was requested to confirm if the issue had been resolved. (AI Summary)