Ptec applicable to llp
WebApr 28, 2024 · Hi I want to cancel PTEC of proprietor 1st case as well as partners of LLP 2nd case What is the procedure to do the same I can see online cancellation of PTRC a ... In this context, same rule is applicable to proprietor and directors, if PTE is applicable to them in your state. The term Induction of new partner and outgoing partner, please do ... WebThe act is applicable to whole state of Maharashtra and has came into effect from 1 ... Company, Limited Liability Partnership (LLP), Trust, Society, Club or Association etc. Definitions under Maharashtra State Tax on Professions, Traders Callings and ... (PTEC) holder. E-payment facility is available for PTEC holders. B) Profession Tax ...
Ptec applicable to llp
Did you know?
WebOct 25, 2024 · PTEC stands for Professional Tax Enrollment Certificate and PTRC is Professional Tax Registration Certificate. PTEC permits to pay the professional tax of the … WebBoth PTEC and PTRC are required by a regular company to pay its own professional tax, as well as the professional tax for all its employees as is applicable. But, in case the Company and LLP does not have any payable employee then it will only require to pay PTEC and not PTRC and pay for Directors and Partners . Applicability of PTEC and PTRC:
WebNov 26, 2024 · Replied 25 November 2024. Every person who is engaged in any profession (business or service) excluding that of Partnership firm or HUF is liable to pay a … WebMar 12, 2024 · This is applicable to all LLP , business and Companies. Is PTEC compulsory for GST Registration ? Yes, any Business or Profession operating for profit motive in …
WebJan 10, 2024 · 1 Dated: 1-10-2024. By:- MARIAPPAN GOVINDARAJAN. Professional tax is exempted in Maharastra for the senior citiezens of age more than 65 years and for physically handicaped persons having 40% disability or parent of a physically disabled or mentally retarded child, irrespective of their income. 1. WebJul 16, 2024 · 2. Applicability of PTEC and PTRC: Applicability of PTEC: Every person who is engaged in any profession (business or service) excluding that of Partnership firm or HUF …
WebMar 16, 2024 · Both PTEC and PTRC are needed by a regular company to pay its own professional duty, as well as the professional duty for all its workers as is applicable. But, …
WebDec 25, 2013 · Profession tax for llp. In case of LLP (Limited liability Partnership, who is required to take PTEC? the LLP & partners both or only partners will do? 25 December 2013 The LLP will have to take the registration. 25 December 2013 LLp and not ind partners need to take registration for PTEC. 26 December 2013 what about partners of LLP? quarterback for bears 2022WebRegistration due date: It is mandatory to obtain a PTEC registration within 30 days from the date of incorporation or commencement of business or practice, i.e. you must apply for PTEC within 30 days of obtaining an S&E license, Certificate of incorporation, Service Tax RC, Sales Tax RC, etc. quarterback for clemson 2018WebRegarding professional tax payment, For company own existence and getting engaged in the business/profession, the company will have to obtain PTE no. and pay Rs. 2500 annually. For directors, if they are being paid salary and not professional fees, the company will have to obtain PTR no. and deduct Rs.200 per month ( Rs.300 for February month ... quarterback for browns 2022WebApr 1, 2024 · The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (Profession Tax Act) applies to whole of State of Maharashtra and has come into operation from 1-4-1975. The Tax is levied and collected subject to the provisions of Article 276 of the Constitution of India for the benefit of the State. II. quarterback for buccaneers 2021WebMar 13, 2024 · Employers can collect the tax from their employees, or deduct it from their monthly salaries and then pay it as a whole. The employer can collect all these deductions and then pay it up together to the State government. However, if they fail to do so, even after collecting deductions from their employees they will have to face penalties. quarterback for clemson 2021WebMar 28, 2024 · Both PTEC and PTRC are required by a regular company to pay its own professional tax, as well as the professional tax for all its employees as is applicable. But, … quarterback for coastal carolinaWebMar 16, 2024 · Yes, in Maharashtra its required to be registered under PTEC. 1 Like. kohinoor stone (2 Points) Replied 09 June 2024. In Maharashtra PTEC applicable for employee in partnership firm. GSTSTO C915 (2 Points) Replied 16 March 2024. IN MAHARASHTRA STATE AS PER INDIAN PARTNERSHIP ACT 1932 REG OR UNREGISTERED FIRM LIABLE … quarterback for georgia 2021