Karnataka Professional Tax - Penalties & Interest Details..?

Hi Everyone....

I wanted to know what are the penalties and interest charges for Professional Tax which we not paid but deducted from employees. How to calculate on the same. We are a new Private Limited Company and we missed to pay but we would like clear all outstanding and pay going forward on monthly basis..?? Just to let you know we have just registered  under KARNATAKA PT and got our user id and password.

Any advice and guidance highly appreciated... 

Replies (1)
Interest at rate of 1.25% per month and Penalty not exceeding 50% of the tax amount due would be applicable. You may pay PT along with interest at the time of filing of return. In case you get a demand notice for penalty, pay the same.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Follow