16 June 2011
dear sir, pls tell me intrest rate on late payment of professional tax for proprietorship firm ? how to calculate monthly basis or daywise ? and which day is last date of payment in every year ?
16 June 2011
It differs from state to state. Normally it will be 30th april 2011 for financial year 2011-12 and 1.5% per month interest has to be paid on delayed payment.
CAclubindia
