What we do
Our work in this practice group is structured around the records, deadlines, and decisions involved:
- 100% timely compliance eliminating the mandatory ₹1,000 per return late fee.
- Flawless payroll tax deduction audit matching the latest Maharashtra salary slabs.
- Exemption tracking: zero deduction for women employees earning up to ₹25,000 per month and persons with disabilities.
- Prevention of 1.25% monthly compounding interest on delayed remittances.
- Clean statutory tax standing required for vendor onboarding, ISO audits, and bank funding.
- Expert defense and representation before the Maharashtra State Tax Department in case of scrutiny.
How the engagement works
Section 6 of the Maharashtra State Tax on Professions Act, 1975 mandates every registered employer to file returns in Form III-B accompanied by proof of payment. Section 6(3) imposes an automatic statutory late fee of ₹1,000 for each delayed return. Section 9 imposes 1.25% per month interest on delayed payments.
Scenario 1: An employer with 20+ employees needing regular monthly Form III-B return preparation and MTR-6 challan generation.
Scenario 2: A startup or small firm filing annual PTRC returns before the 31st March statutory deadline.
Scenario 3: An employer handling Nil returns during months with no payroll to avoid system-generated default notices.
Scenario 4: A company resolving past unfiled returns, penalty notices, or mismatch demands from the Mahagst department.
Scenario 5: An organization undergoing statutory financial audit requiring reconciliation between Form 16 statements and PTRC returns.
Payroll Data Ingestion & Slab Audit
We review monthly gross salary sheets, ensure proper gender exemptions (women employees earning ≤ ₹25,000/month exempt), and calculate exact tax.
MTR-6 Challan Generation
We generate verified online payment challans on the Mahagst portal with correct major/minor tax heads.
Form III-B E-Filing
We prepare the statutory Form III-B return, upload it to the Mahagst portal, and secure the official filing acknowledgment.
General questions
01What are the current PTRC salary slabs in Maharashtra?
Men earning up to ₹7,500/month: Nil. Men earning ₹7,501 to ₹10,000: ₹175/month. Men earning above ₹10,000: ₹200/month (₹300 in February). Women earning up to ₹25,000/month: Nil. Women earning above ₹25,000: ₹200/month (₹300 in February).
02What is the due date for monthly PTRC returns in Maharashtra?
Monthly returns in Form III-B and payment must be completed on or before the last day of each subsequent month (e.g., April return due by 31st May).
03What is the late fee for missing Form III-B return filing?
Under Section 6(3) of the Act, an automatic late fee of ₹1,000 per delayed return is levied, in addition to 1.25% monthly interest on unpaid taxes.
04Do I need to file a PTRC return if no salary was paid in a month?
Yes. Filing a Nil Form III-B return is mandatory as long as the PTRC registration remains active to avoid late fees.