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Print Professional Tax Computation Report in TallyPrime (Payroll)

The Professional Tax (PT) Computation Report is a monthly report that provides details of the PT amount payable by the employer to the Professional Tax department for the given month.

• Gateway of Tally > Display More Reports > Payroll Reports > Statutory Reports > Professional Tax > Computation Report.
• Select Professional Tax Ledger and press Enter.
• Press C (Configure) for print configurations.
  • Specify the Period in the respective From and To fields.
  • Select the required Employee Category, Employee/Group, Sorting Method, and Display name for Employees, and press Enter.
    
• Press I (Preview) or P (Print).
  
• Return of Tax payable for the period: Displays the month for which Professional Tax is payable, based on the period specified in the Print Configuration screen.
• Name of the Employer: Displays the company name as defined in the Company Master.
• Address: Displays the company address as specified in the Company Master.
• Registration Certificate No.: Displays the Professional Tax registration number of the company, as entered while creating the Professional Tax pay head.

Column Details:

• Employees whose monthly salary/wages / both are: Displays the Professional Tax slabs as defined while creating the Professional Tax pay head.
• Number of Employees: Displays the number of employees falling under each slab.
• Rate of Tax per month Rs.: Displays the Professional Tax rate applicable for each slab.
• Amount of Tax deducted: Displays the total tax deducted for employees within each slab.