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Q: What is professional Tax and why is it necessary to deduct Professional Tax?
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What is professional tax and why it is necessary to deduct professional tax?

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Can you write off a first mortgage on your tax returns?

No, but if you deduct you should be able to write off the interest on a mortgage loan. Contact a tax professional for details.


Is Professional Tax Applicable in Meghalaya?

Yes. Professional Tax is applicable in Meghalaya.


What is cheque name for Professional Tax payment in maharashtra?

SBI A/c Professional Tax


Slab of professional tax India 08-09?

What is the latest slab of professional tax?


Professional tax slab for salary in Assam?

Professional tex is calcullated every month and deducted at the source of salary every month.


What is a cheap professional tax preparation software?

TaxAct and H&R Block both offer free tax preparation for you to do your own taxes for free. If you do not own a business or have a lot of money, then professional software might not be necessary.


Professional tax slab rates of Andhra pradesh?

professional tax slab of Andhra Pradesh


Is the cost of tax preparation service tax deductible?

Yes, the cost of tax preparation services is tax deductible as a miscellaneous itemized deduction on your federal tax return. However, it is subject to a 2% adjusted gross income limitation. Be sure to consult with a tax professional to confirm eligibility for this deduction.


What is slab for professional tax in mp?

what is the professional tax in west Bengal for the financila year 2010-2011


Where to enter professional tax in ITR-1?

the professional tax is not to be intered in ITR-1 only net income from salary (After deductiong Professional Tax) to be entered in Item No.1 as it will be enclosed by the Form No.16 isssued by the employer mentioning the Professional Tax Amount and will be a sufficient disclosure


What are some professional income tax preparation software?

There are a number of different types of professional income tax preparation software. Some examples of professional income tax software include ATX, Drake Tax Software, and WorldWideWeb Tax.