Maharashtra State Tax on Professions, Trades, Callings and Employments (Second Amendment) Rules, 2021

Feb 16, 2021 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Finance Department of Maharashtra on February 12, 2021 has issued the Maharashtra State Tax on Professions, Trades, Callings and Employments (Second Amendment) Rules, 2021 to further amend the Maharashtra State Tax on Professions, Trades, Callings and Employments Rules, 1975. 

The following amendments have been made: 

• Rule 4A, which specifies the restricted liability to pay tax, a new proviso has bee inserted, namely: 

“Provided that, where an employer or a person is a Company specified under sub¬section (3A) of section 5 of the Act, apply for certificate of registration or enrolment, shall provide the Permanent Account Number (PAN) or Tax Deduction and Collection Account Number (TAN) under the Income Tax Act, 1961 of all the directors and authorized signatory of the Company. However, where the director or the authorized signatory is a foreign national who does not have Permanent Account Number (PAN) or Tax Deduction and Collection Account Number (TAN), then he shall provide his Passport Number and he shall furnish the Permanent Account Number (PAN) or Tax Deduction and Collection Account Number (TAN) to the registering authority as soon as he obtains it, along with the Permanent Account Number (PAN) or Tax Deduction and Collection Account Number (TAN) of the Company.”

• Rule 8, which specifies the payment of tax, has been omitted. 

• Form I and Form II has been amended. 

[Notification No. PFT-1221/C.R. 3/Taxation-3]

 


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