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Profession Tax Return Software 1.6 Ver and Penalties.

Professional Tax Department has been lunched a Monthly, Half yearly or Annually Profession Tax Return Excel Base Utility Ver. 1.6 (Form-IIIB) to upload Return.

In case of Salaried employee and Wage earners, the Professional Tax is liable to be deducted by the Employer from the Salary/Wages and the Employer is liable to deposit the same with the state government. In case of other class of Individuals, this tax is liable to be paid by the person himself.

Profession Tax is applicable in following states in India and as per state government Profession Tax Rate, it collected from profession, trade, calling or employment.
1. Maharashtra
2. New Delhi
3. Karnataka
4. West Bengal
5. Madhya Pradesh
6. Tamil Nadu
7. Andhra Pradesh
8. Gujarat

Mode of Return:
  • Amount of Profession Tax is exceed Rs. 50000/- annualy they submit PT Return Monthly.
  • Profession Tax collection not exceed Rs. 50000/- per annum they submit PT Return Halfyearly or Yearly.
Penalty:
  • If PT Return not lupload in due time Rs. 1000/- charged as Late Fee.
After deducting P.T. from Employee every month as per slab then it is necessary to submit annual Profession Tax Return within stipulated time.

Download Latest Annual Profession Tax Return in FORM-III-B