Previous year's profession tax

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