Professional tax
This query is : Resolved
04 January 2014
interest or penal provisions for late payment of professional tax in Maharashtra?
04 January 2014
Hi
The interest for late payment of tax or any additional demand of tax raised in assessment is 1.25% p.m. with effect from 1-7-2004
The authority may impose a penalty equal to 10% of the tax due.
Thanks
The interest for late payment of tax or any additional demand of tax raised in assessment is 1.25% p.m. with effect from 1-7-2004
The authority may impose a penalty equal to 10% of the tax due.
Thanks
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