Interest on profession tax
This query is : Resolved
08 September 2015
Sir
What is the interest on late payment of half yearly Professional tax.
Thanks
What is the interest on late payment of half yearly Professional tax.
Thanks
RAMESH KUMAR VERMA
(Expert)
08 September 2015
Interest on Professional Tax
****************************
For any delay in the same, interest @ 1.25% per month will be charged.
Ramesh kumar verma
****************************
For any delay in the same, interest @ 1.25% per month will be charged.
Ramesh kumar verma
08 September 2015
It might depend from state to state. In Karnataka it is 1.5% interest and penalty of 10% of the tax.
RAMESH KUMAR VERMA
(Expert)
08 September 2015
agreed with expert.
Regards,
Regards,
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