Professional tax

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Querist : Anonymous

Querist : Anonymous (Querist)

07 November 2012 I have one question relating to Professional tax penalty in Maharashtra,If a Professional who is Practing has not paid any Professional tax from last 5 year but filling his IT return...Question is that how much penalty he has to pay on what basis

@VaibhavJ

@VaibhavJ (Expert)
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07 November 2012 Hi

Interest would be 1.25% per month on due amount, make sure that even one day late payment attracts interest for whole month means due date for april is 21st may and payment made as on 22nd may attracts interest for whole one month i.e. May.

Read more at:http://taxguru.in/goods-and-service-tax/frequently-asked-question-on-profession-tax-pt-in-maharashtra.html

Thanks//Vaibhav
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