Can a proprietor pay his profession tax after 30 th june.

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Accountant
24 Points Posted on 24 June 2015
Can a proprietor pay his profession tax after 30 th june? Is he liable to pay interest and penallty ? If yes @ what rate?
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On 24 June 2015 at 14:33 Report
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Assistant Manager @ EY
955 Points Posted on 25 June 2015

 

Yes . He can with interest usually @ 1.5% pm. But please check the relevant state laws for more clarity on PT interest rates.

 

Thanks,

Suri

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On 25 June 2015 at 16:46

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