professional tax

This query is : Resolved 

25 March 2009 Hi All
prof. tax ded. by an employer monthly but forgot to deposit for one month although recovered from emp. salary. what an employer should do?
can he deposit it late( with or without fine)?

Thanx

25 March 2009 yes he has to deposit even though he is late. he may have to pay some interest for late payment depending on the total professional tax liability for the year.

25 March 2009 Interest is payable @ 1.25% p.m


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