pf-late payment

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harshit (Querist)
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06 October 2007 in our company PF late paid 4 days in the month of aug'07
actual due date 15-08-07, but paid 22-08-07 in this regard, how much % of amount disallowed in income tax
PF total amount paid in the month of Aug'07 was Rs.597658/-

please send me procedure for calculation of disallwance in IT and how much amount disallowd with interest?

please sir urgent

Anand

Anand (Expert)
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06 October 2007 5 Grace days should be added to the actual date and then only the delay is to be reckoned.

harshit

harshit (Querist)
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06 October 2007 if delay was 7 days? how much amount disallowd
please

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Ravikumar.G

Ravikumar.G (Expert)
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10 October 2007 Only your employees contribution, not employer's contribution. Because employer's contribution which can be paid untill due date of filing returns.