What we do
Our work in this practice group is structured around the records, deadlines, and decisions involved:
- 100% timely compliance avoiding ₹1,000 late fee per return under Section 6(3).
- Systematic reconciliation between HR payroll registers and Mahagst payment challans.
- Prevention of 1.25% monthly compounding interest on delayed remittances.
- Clean statutory tax compliance records for bank loans, tender eligibility, and corporate audits.
- Defensive representation and prompt replies in case of Departmental Scrutiny notices.
- Comprehensive maintenance of physical and digital tax records for 8 statutory assessment years.
How the engagement works
Section 6 of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 mandates every registered employer to furnish returns in Form III-B. Failure to file returns within the prescribed time attracts a mandatory late fee of ₹1,000 per return. Section 9 imposes 1.25% per month interest on delayed payments, and Section 5 empowers authorities to initiate best judgment assessments.
Scenario 1: An employer with growing headcount needing regular monthly Form III-B filings and MTR-6 challan calculations.
Scenario 2: An enterprise filing annual PTRC returns for small teams before the 31st March statutory deadline.
Scenario 3: A company director or professional paying annual PTEC dues before 30th June via the Mahagst payment gateway.
Scenario 4: A business that missed previous returns and needs retrospective reconciliation, late fee minimization, and amnesty filing.
Scenario 5: An establishment facing a Section 8 or Section 9 scrutiny notice for mismatched salary deductions.
Payroll Data Analysis & Slab Audit
We audit monthly payroll sheets, verify gross salary components, ensure correct gender-based exemptions, and determine the exact PT deductible.
Challan Creation & Payment Assistance
We generate accurate online MTR-6 payment challans on the Mahagst portal with correct major/minor tax accounting heads.
Form III-B Preparation & E-Filing
We draft and electronically submit the statutory Form III-B returns on the Mahagst portal within prescribed due dates.
General questions
01What is the due date for monthly PTRC returns in Maharashtra?
For employers with annual PT liability of ₹100,000 or more, the monthly return in Form III-B and tax payment must be made on or before the last day of the subsequent month.
02What is the due date for annual PTRC returns?
For employers whose annual PT liability was less than ₹100,000 in the previous year, the return is filed annually on or before 31st March.
03What is the late fee for not filing Form III-B on time?
A statutory late fee of ₹1,000 per delayed return is mandatory under Section 6(3) of the Maharashtra PT Act, in addition to 1.25% monthly interest on unpaid taxes.
04Do I need to file a return if there are zero employees in a particular month?
Yes, if you hold an active PTRC registration, filing a Nil return in Form III-B is mandatory until the registration is formally surrendered or cancelled.