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provident fund

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(Querist)
23 December 2010 what all the penalties and consequence if

Employer did not deposit pf in time limit.
Employer did not file PF return on time.
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CA. R. B. SAH

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CA. R. B. SAH (Expert)
25 December 2010 if employees contribution to the provident fund is not deposited within the due date then such amount shall not be allowed forever and employers contribution shall be allowed on payment basis under the income tax act.

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