Professional tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 November 2012
I have one question relating to Professional tax penalty in Maharashtra,If a Professional who is Practing has not paid any Professional tax from last 5 year but filling his IT return...Question is that how much penalty he has to pay on what basis
07 November 2012
Hi
Interest would be 1.25% per month on due amount, make sure that even one day late payment attracts interest for whole month means due date for april is 21st may and payment made as on 22nd may attracts interest for whole one month i.e. May.
Read more at:https://taxguru.in/goods-and-service-tax/frequently-asked-question-on-profession-tax-pt-in-maharashtra.html
Thanks//Vaibhav
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Interest would be 1.25% per month on due amount, make sure that even one day late payment attracts interest for whole month means due date for april is 21st may and payment made as on 22nd may attracts interest for whole one month i.e. May.
Read more at:https://taxguru.in/goods-and-service-tax/frequently-asked-question-on-profession-tax-pt-in-maharashtra.html
Thanks//Vaibhav
Click thank button to convey your appreciation.
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