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
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details