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Professional tax

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04 January 2014 interest or penal provisions for late payment of professional tax in Maharashtra?
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@VaibhavJ

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@VaibhavJ (Expert)
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

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