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Non submission of c form

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2014 Hi,

One of the party not submitted in c form.

kindly provide the cto process.

Do the needful.
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Amol S Joglekar

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Amol S Joglekar (Expert)
04 June 2014 It will be taxed at the entry rate of the originating state
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CA BHARATH KUMAR

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CA BHARATH KUMAR (Expert)
04 June 2014 yes you should liable to pay all tax
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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2014 thanks for replay.

My query is any penalty & interest will be charges if it is charges what is percentage?

Kindly do the needful.
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
06 June 2014 In the normal course,it is 1.25% pm interest and 10% penalty in most of the states.....mjk
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