professional tax registration requirements are as follows:
- A certificate of incorporation
- A company’s Articles of Association and Memorandum of Articles (if it is a limited company)
- Proof of the office’s address
- Department of Commercial Tax Certificate
- Identification card with PAN
- Details about the bank
- Here is a list of employees with their salaries
requires payment of professional tax by 1st April & filing of the return by 1st October of each half-year.
How do I become a professional tax registered?
It is up to the employer to determine whether the professional tax applies to salaried employees. Whenever an employer pays an employee a certain amount as salary or wages, and it exceeds a specified amount, then the employer must deduct professional tax from that amount and deposit that amount with the state government. An employer must check the following:
- Are the professional taxes levied by the concerned state?
- Is the salary above the base amount as set out in the slabs if yes?
- Is a professional tax enrollment and registration certificate obtained if yes?
In this case, if the employer answers all the questions above affirmatively, the professional tax will be deducted.
Documents Required
- • A dated bank statement as well as a canceled check for the corporate bank account of the firm/LLP attested by the company director • A dated bank statement as well as a canceled check for the firm/LLP’s corporate bank account
- The following documents are required: • Shop and establishment certificate • Salary register and attendance register from all directors • Passport-sized photograph, address, and identity proof from all directors • Board resolution/statement of consent by all partners
Professional Tax Registration Online – Step-by-Step Instructions
- The first step is for all directors, partners, and proprietors to present their PAN cards as well as address and identity verification documents.
- The next step is to provide all of the personnel information.
- The third step is to complete the application to pay professional tax online
- The report will be submitted by our experts to the appropriate authorities.
- Within five to seven business days, you will receive a basic acknowledgment.
- The hard copy of the registration will be sent to you within ten days in all major cities.
- Depending on the location, it could take between 15 and 20 working days.
Benefits
The following are some reasons why professional tax payments should never be missed.
- Indian judiciary requires employers in various states to obtain professional tax registration in order to deduct and pay service taxes for all their employees.
- Don’t pay penalties: If you do not register as a professional taxpayer, you will incur significant fines which will keep increasing over time if you do not register.
- It is easy to follow professional tax standards. Registration procedures can be completed quickly, and subsequent steps are also straightforward.
- Deductions: A deduction can be claimed in the salary based on the professional tax paid. This deduction will be allowed in the calendar year in which the professional tax was paid.
- Professional taxes collected by the state and local governments include those based on employment, professional trades, and other factors. The professional tax collected each year shouldn’t exceed $2500.
What is the process for registering for professional tax?
Getting registered with the state for professional taxes involves the following steps:
Visit the Chennai Government online portal for professional tax registration. (www.chennaicorporation.gov.in).
A unique user name & password will be sent to the applicant’s registered mobile & email after entering personal information.
In order to file for professional tax, the applicant must create a self-assessment form.
To upload the application, you will need to upload the following documents:
- A certificate of incorporation
- A company’s Articles of Association and Memorandum of Articles (if it is a limited company)
- Commercial Tax Department of Chennai certificate
- Identification card with PAN
- Details about the bank
- Here is a list of employees with their salaries there is no fee to be paid for the application for professional tax.
- An acknowledgment receipt will be generated upon submission of the application. The acknowledgment receipt will also include a Professional Tax Registration Number.
- Professional taxes can be paid online or offline by the assessee.
- Following the payment of professional tax, the assessee can download a copy of the professional tax assessment from the COC website.
- The ARO for the zone will verify the applicant’s details after the generation of the professional tax assessment.
- Once the verification is completed, the ARO will either confirm or revise the assessment
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