Maharashtra Professional Tax: How Should I File Returns for Payments Over ₹5,000 Monthly?

Maharashtra Professional Tax Return Filing

If the payment amount per month exceeds ₹5,000, then the final amount for the year will also exceed ₹50,000. In this case, which tax return needs to be filed - annually, quarterly, or is there another provision? Additionally, for the monthly payment, we process it online, so should the return be filed online or manually? This question pertains to Maharashtra Professional Tax.

Thanks
Regards

You will have to file the return monthly. If you fail to file the monthly return before the last date of the subsequent month, a late return fee of Rs. 1000 will be charged for every late return. Do get in touch with me for any assistance at [Phone Number Removed For Privacy Reasons].

Regards,
Priyank.

Hello Madam,

This is regarding professional tax returns. Due to some reasons, we have not filed the PT monthly returns from April 2014 until now. We started filing from last month, i.e., from November 2015.

Could you please guide us on whether if we file the returns from April 2014, we will have to pay Rs 1000/- for every month until November 2015.

Regards,
Sagar