Deduction of professional tax
Madhurjya Bora
(Querist) 18 July 2012
This query is : Resolved
what the basis of professional tax and why this deduction made from our salary income,whether a deductee doesnot come in income tax slab..
ashutosh mishra
(Expert) 19 July 2012
It is imposed by state or local bodies on the
strength of provisions contained in Article 276(2)of the Constitution and is deductible under section 16(3)of IT Act,if paid by employee.