banner_ad

rate of interest/penalty for non payment professional tax in karnatka

This query is : Open 
Profile Image

Profile Image

(Querist)
11 January 2017 dear experts, rate of interest/penalty for non payment professional tax in karnatka.
Profile Image

CA Suresh Jain

Profile Image

CA Suresh Jain (Expert)
11 January 2017 1. liable to pay simple interest at one and a quarter per cent of the amount of the tax due for each month or part thereof for the period for which the tax remains unpaid.
2. Liable to pay a penalty not exceeding fifty per cent of the amount of tax due.

This penalty shall be in addition to the interest payable .
Profile Image

Somashekharreddy BN

Profile Image

Somashekharreddy BN (Querist)
12 January 2017 thank you..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details