non deposite of tds and pf

This query is : Resolved 

06 September 2008 penlties & consequenses for non deposite of tds & Pf

06 September 2008 tds:-

1.penalty upto a maximum amount of default.
2.interest @1% for every month of default.
3.cosequences-in addition to 1 and 2 above
recovery proceedings under revenue recovery act.
4.if penalty sustains prosecution proceedings may follow.


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