Information

It is compulsory to file E-return for PTRC holders. The Professional Tax Returns are supposed to be filled based on Particular State and also the Professional tax liability of the company or the employer.Professional tax is imposed at the state level in India. Different states have different rates and methods of collection. It is not imposed in all states. The states which impose professional tax are Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Meghalaya, Odisha, Sikkim, Tamil Nadu, Telangana, Tripura, and West Bengal. Professional Tax is deducted from the salary of the salaried employees by the employers and same is deposited with the State Government.

Currently CoKaCo is working only for the state of Maharashtra for PT return filing purpose.

Liability to File Return for Employer (From 1-4-2011) onwards :-

All Registered Employers are required to file return on Annual Basis. Return is filed in respect of Profession Tax deposited of the employees paid Salary or Wages during the Financial Year.

Enrolled Persons or Entities are not required to file a Profession Tax return.

Tax Liability Periodicity Months of salary to be covered Due Date
Less than Rs. 50,000 in previous year Annual March of the previous year and April to February of the current year 31st March
Rs. 50,000/- or more in previous year Monthly Salary of previous month End of the month for which return is filed
In case of first year of registration Monthly Salary of previous month End of the month for which return is filed

Documents / Information :-

  • Copy of Profession Tax Challan
  • Month Wise Employee List
  • Month Wise Employee Salary Sheet
  • Certificate of Profession Tax Enrollment Certificate
  • Certificate of Profession Tax Registration Certificate

FAQ :-

What is the time limit to apply for Enrollment / Registration?

A person / employer shall apply within 30 days of becoming liable to pay tax.

Which period have to be selected in chalan while making PTRC payment, if the periodicity is yearly?

While making PTRC yearly payment in the period dropdown, employer shall select 01/04/YYYY to 31/3/YYYYY i.e. full financial year. The user can discharge is liability multiple times by selecting yearly period.

Which period have to be selected in chalan while making PTRC payment if the periodicity is monthly?

While making PTRC monthly payment, in period dropdown, employer shall select succeeding month of the month to which salary pertains. e.g. select June in the period dropdown to deposit PT deducted from the salary of May.

When is the due date for payment of professional tax in Maharashtra ?

Payment of Maharashtra professional tax is based on the date of enrolment. For entities enrolling before the commencement of a year on or before 31st May, due date for payment is 30th June of that year. If enrolled after 31st May, MH professional tax payment is due within one month of the date of enrolment.

What is the Penalty for not obtaining Professional Tax Registration?

A penalty of Rs.5 per day for each day of not obtaining professional tax registration in case of an employer and Rs.2 in case of a person is applicable.

What is the Penalty for Late Filing of Profession Tax Return ?

Late filing of professional tax return attracts a penalty of Rs.1000 due before filing of the return. The penalty amount is payable in addition to any amount payable as per the return.

What is the Penalty for Late Payment of Profession Tax?

Late payment of professional tax dues can be penalised with a penalty of 10% of tax due. Further, an interest on late payment can be charged at upto 1.25% per month.

In addition to the above penalties, the authorities may impose a penalty of not more than Rs.5000, if any person or employer fails to comply iwth any of the provisions of the Maharashtra Professional Tax Act & Rules.

Information

It is compulsory to file E-return for PTRC holders. The Professional Tax Returns are supposed to be filled based on Particular State and also the Professional tax liability of the company or the employer.Professional tax is imposed at the state level in India. Different states have different rates and methods of collection. It is not imposed in all states. The states which impose professional tax are Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Meghalaya, Odisha, Sikkim, Tamil Nadu, Telangana, Tripura, and West Bengal. Professional Tax is deducted from the salary of the salaried employees by the employers and same is deposited with the State Government.

Currently CoKaCo is working only for the state of Maharashtra for PT return filing purpose.
Liability to File Return for Employer (From 1-4-2011) onwards :-

All Registered Employers are required to file return on Annual Basis. Return is filed in respect of Profession Tax deposited of the employees paid Salary or Wages during the Financial Year.

Enrolled Persons or Entities are not required to file a Profession Tax return.

Tax Liability Periodicity Months of salary to be covered Due Date
Less than Rs. 50,000 in previous year Annual March of the previous year and April to February of the current year 31st March
Rs. 50,000/- or more in previous year Monthly Salary of previous month End of the month for which return is filed
In case of first year of registration Monthly Salary of previous month End of the month for which return is filed
  • Copy of Profession Tax Challan
  • Month Wise Employee List
  • Month Wise Employee Salary Sheet
  • Certificate of Profession Tax Enrollment Certificate
  • Certificate of Profession Tax Registration Certificate
What is the time limit to apply for Enrollment / Registration?

A person / employer shall apply within 30 days of becoming liable to pay tax.

Which period have to be selected in chalan while making PTRC payment, if the periodicity is yearly?

While making PTRC yearly payment in the period dropdown, employer shall select 01/04/YYYY to 31/3/YYYYY i.e. full financial year. The user can discharge is liability multiple times by selecting yearly period.

Which period have to be selected in chalan while making PTRC payment if the periodicity is monthly?

While making PTRC monthly payment, in period dropdown, employer shall select succeeding month of the month to which salary pertains. e.g. select June in the period dropdown to deposit PT deducted from the salary of May.

When is the due date for payment of professional tax in Maharashtra ?

Payment of Maharashtra professional tax is based on the date of enrolment. For entities enrolling before the commencement of a year on or before 31st May, due date for payment is 30th June of that year. If enrolled after 31st May, MH professional tax payment is due within one month of the date of enrolment.

What is the Penalty for not obtaining Professional Tax Registration?

A penalty of Rs.5 per day for each day of not obtaining professional tax registration in case of an employer and Rs.2 in case of a person is applicable.

What is the Penalty for Late Filing of Profession Tax Return ?

Late filing of professional tax return attracts a penalty of Rs.1000 due before filing of the return. The penalty amount is payable in addition to any amount payable as per the return.

What is the Penalty for Late Payment of Profession Tax?

Late payment of professional tax dues can be penalised with a penalty of 10% of tax due. Further, an interest on late payment can be charged at upto 1.25% per month.

In addition to the above penalties, the authorities may impose a penalty of not more than Rs.5000, if any person or employer fails to comply iwth any of the provisions of the Maharashtra Professional Tax Act & Rules.