Impact Of Leave Without Pay On Professional Tax And TDS ?

friends_360
I would like to know, if some employee has taken 3 days of LWP ( Leave Without Pay), will it affect it's professional tax and TDS ?
The employee's gross monthly income is 44250 for which her TDS is coming Rs.2758/month. Basic salary of the employee is 22000.
Calculation:
44250* 12= 531000
531000 - 200000 (IT Exemption) = 331000 (Taxable Income)
10% of 331000= 33100 ( Yearly TDS)
33100 / 12 = 2758
Please correct If this calculation is wrong.
jkct15
HI
Attaching two files pertaining to income tax calculation. Hope this will help you calculate in a better way. Professional tax and income tax are based on the earned wages, so there wont be much of a difference for 3 days of lop.
2 Attachment(s) [Login To View]

friends_360
Sorry but still it's not clear what do you mean by much difference... you mean professional tax of Rs.200 will remain 200 only even after 3 days of LWP ?
Also, TDS will remain same only??
friends_360
Can anyone tell me if some employee has taken 3 days of LWP ( Leave Without Pay), will it affect it's professional tax and TDS ? and if yes, in what proportion??
kishorkulkarni
In Maharashtra, for a salary band of Rs. 10,000 and above, there is a fixed Tax on Profession (PT) amounting to Rs. 200 per month ( For 11 months except February) and for February Rs. 300. Thus totaling to Rs. 2,500 only per year. So, by having 3 days LWOP, PT is not going to affect. However, TDS will be affected, as 3 day's earning is less due to LWOPay
loginmiraclelogistics
His salary is Rs.44250
Less: Sal. for 3 days LWP(proportionately) 4425
(1475 x 3 )
Balance salary for PT & IT 39825 (so no difference so far as PT is concerned) however there could be marginal difference for IT proportionately which is negligible.
Arunjain.ncl
Professional Tax is a fixed amount hence will have no impact of 3 days LWP. As regards TDS, it is calculated as per I. Tax Law/Rules in force for AY 14-15. Advance tax may be deducted at the same rate as being deducted earlier. The actual IT amount will be arrived at by taking all factors and deductions under various relevant Sections. Accordingly, the Advance TDS may be deducted from the final IT liability, and the balance amount will have to be deducted plus 2% Education Cess thereupon.
AK Jain
loginmiraclelogistics
Dear friend,
For your reference use the attached PT Slabs prevailing.
1 Attachment(s) [Login To View]

rohansatute@rediffmail.com
Profession tax is not deducted when employee taken 1 month leave without pay then he joint his duties but as per pt act Rs.2500 p.a profession tax is required to be deduct.so how we can fulfill this clouse
loginmiraclelogistics
The PT rates applicable for Maharashtra is:
Professional Tax in Maharashtra
Monthly Salary Professional Tax Rate Per Month
Up to Rs 7,500 (Rs 10,000 For Women) Nil
From Rs 7,500- 10,000 175
Above Rs 10,000 Rs 200 per month, but Rs 300 in February
The rates are as per the above slabs on salary per month basis, not on p.a. or CTC pl.note. Always go by the salary earnings p.m.
Also see the attached contribution by amrish for other references on the subject.
1 Attachment(s) [Login To View]

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute