The Maharashtra Finance Department on July 22, 2020 has issued the Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Ordinance, 2020 to further amend Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.
Following amendments are made in Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975:
• In Section 5, a new sub-section 3A has been inserted which specifies the guidelines for obtaining registration certificate under this Act, namely:-
“Notwithstanding anything contained in this section, a company, which has been incorporated under the provisions of the Companies Act, 2013, after the date of commencement of the Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Ordinance, 2020, shall at the time of its incorporation, obtain the certificate of enrolment and certificate of registration under this Act”.
• In Section 6(1), a new proviso has been inserted which specifies the details regarding the showcase of filing of tax returns stating that the employer registered under Section 5(3A), after the commencement of his liability to pay tax, furnish to the prescribed authority, a return in such form, for such period and by such dates as may be prescribed.
[Ordinance No. XIII of 2020]
