Previous year's profession tax

Hi,

 

I am working for private limited company, where the profession tax for the previous 2 to 3 year are not paid , there is an arrears to be paid . Though department has not served  us any notice we just want clear it upto date .

Thanks and regards

PRA

Replies (3)

Hi Radha,

Yep.... Good Thought actually. Statutory dues are to be cleared immediately. Not a problem until the CTO doesnt ask for any penalty or Interest ion the same. if he does, it should not be more than 1% per month of the entire tax payable i think.

Hope this clears.

God Bless

Sreeniketh

 

Hi Sreeniketh,

Thank u for ur reply,

we are from Bangalore, If u could please guide me how to go about paying these taxes it would be great

 

Thanks and good Wishes

Radha

Hi Radha,

It is the usual way you pay your Current year Taxes. Since i am from AP, i dunno much. But here in AP, when we are registered we start paying taxes for the Company and the Employees at the prescribed rates in form V - Professional Tax Return Form. Here the interest is 12% computed on simple interest basis. So you gotta do much the same. I think in karnataka, there is nw the facility of  Online payment. Please check.

 

Hope this clears,

God Bless

Sreeniketh 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Follow