Penalties and Interest Amount of Professional Tax of Companies

sir ,Our Company which payment pending sich year 2012-13 for low turnover and but our director got salary and after 3-4years employee's tax unpaid and company 's tax unpaid since 2012-13 please give penalties and Interest charges ,exemption details
so we can pay tax.?
Replies (1)

Consequences

  1. Fails to Get Registration
    • He will be liable to a penalty for the period during which he remains unregistered.
  2. Fails to Deposit to the Government/ Late Deposition
    • He will be liable to a penalty for the period during which he remains unregistered.
  3. Non-Deposition of Amount.
    • The officials have power to recover such amount along with applicable penalty and interest from the assets of such defaulter. Moreover, they can attach his bank account also. In serious cases, prosecution case also can be filed.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details