How can I file my profession tax return in Maharashtra?

How do I submit a PT return?

A step-by-step guide on how to pay professional tax

  1. Highlights.
  2. Locate the professional tax website for your state.
  3. Fill the professional tax payment form carefully.
  4. Verify the information and pay professional tax online.
  5. You can also pay this tax at the district sales tax office.

How do I file a PT annual return?

To make Professional Tax return the procedure as follows:

  1. visit website: ctax.kar.nic.in.
  2. Select e-Prerana (e-Prof.Tax) option in the left Column.
  3. Select Registered User Login option in the left Column: e-Services.
  4. Enter Login Name & Password.
  5. Click on Entry and Select Period – Year Click Go.

How can I register for professional tax in Maharashtra?

Maharashtra professional tax registration can be obtained online the State sales tax department website. Application for MH professional tax must be made on Form 1 within 30 days of becoming liable to pay professional tax.

Where can I find my profession tax number in Maharashtra?

Find out your Profession Tax Number

  1. Step 1: Visit the website https://mahavat.gov.in.
  2. Step 2: At the bottom of the Home Page click on Know your TIN.
  3. Step 3: Enter your PAN Number in the box provided.
  4. Step 4: Your Name along with the Profession Tax Number will display. …
  5. Step 5: Your detailed information will display.
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What is due date of professional tax return?

If an employer has employed more than 20 employees, he is required to make the payment within 15 days from the end of the month. However, if an employer has less than 20 employees, he is required to pay quarterly (i.e. by the 15th of next month from the end of the quarter).

Can I file return for professional tax?

You are allowed to pay for your professional tax until the last day of the subsequent month. However, you can file your returns only once at the end of the financial year in March in case your total liability is less than Rs. 50,000.

What is professional tax annual return?

Every employer registered under the Profession Tax Act is required to furnish an annual return in Form 5 within 60 days of the expiry of a year. Further, the employer shall pay the full amount of tax payable on the basis of such return as reduced by any tax already paid along with monthly statement in Form 5A.

How do I get a PT Acknowledgement?

For the persons who are already enrolled and making payment as per the enrolment certificate by filing a return in Form 4A, an acknowledgement will be generated for having paid the tax. If tax is paid through e-payment then the there is no necessity for the person visit the PT office.

How is professional tax calculated?

A professional tax is calculated on the basis of your salary and predetermined slabs. You can have to pay anything between ₹ 200 to ₹ 2500 a month.

Professional tax slabs.

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State Gross monthly salary (Rs.) Tax per month (Rs.)
Maharashtra 10,000 and above 200 (300 for February)
Odisha 20,000 and above 200

What is the penalty for late filing of professional tax return in Maharashtra?

Late filing of professional tax return will attract a penalty of Rs. 1,000. A penalty of 10% will apply in case of late payment of professional tax dues. Additionally, an interest on late payment can be levied at up to 1.25% per month.

Is PTEC compulsory for GST registration?

Every GST registered dealer whether dealing in taxable or exempt goods also needs to Register under PTEC and pay PT Return.

How much is the professional tax in Maharashtra?

Professional Tax Slab Rates in Maharashtra 2020-21

Monthly Gross Salary Amount Payable as Professional Tax
Rs. 7,501 to Rs.10000 Rs. 175 per month
Above Rs. 10000 Rs. 2,500 p.a. The amount is can be paid in the following manner: Rs. 200 per month except for the month of February. Rs. 300 for the month of February.

What is PTEC number?

PTEC stands for Professional Tax Enrolment Certificate and PTRC stands for Professional Tax Registration Certificate. … PTEC allows to pay professional tax of a business entity and also of the professional or owner of the business.

What is Maharashtra Profession Tax Act?

Every person, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in Schedule I of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975, is liable to pay, to the State Government, tax prescribed under the said …

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Where can I get a professional tax receipt?

The Occupational/Professional Tax Receipt can be requested from your municipal hall.