Non-deduction of professional tax

This query is : Resolved

Adithya (Querist)
Follow

09 March 2013 Dear Sir,

Is professional Tax deduction Compulsory??

If it so, there is a small instance.. A company does not deduct nor remit Professional Tax to the Government since its incorporation.. what will be its duties and What will be its penalty charges and how much will be interest paid to the Government???. the state i'm referring to is Tamil Nadu

Santosh Mishra

Santosh Mishra (Expert)
Follow

10 March 2013 It may differ from state to state, please let us know the state.

Like for Maharashtra, Interest is charged at 1.25% and penalt may be imposed equal to 10% of the amount payable.