the 5 days grace is given after due date of pf deposition.the deposit made within this period must b considered as delay payment or not?
14 Replies
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 19 November 2008
This is a case of delay only. the grace is given for clearing purpose. The intend of law is not to give 5 more days to pay !
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 19 November 2008
The date for deposition of PF is 15th and payment after this date is obviously a case of delay payment.
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 19 November 2008
The date for deposition of PF is 15th and payment after this date is obviously a case of delay payment.
(Guest)
Sir
If a company is paying salary from 18 th of each month to 17th of next month, it means if a calender month is not followed by it for computation of their employees' salary, then by which date that company is supposed to deposit the PF liability.
Say, the company paid on 30th October salary for the period 18.09.2008 to 17.10.2008, then by which date it should deposit its PF and ESI liability.
Regards
Suruchi
pramod
(pune)
(20 Points)
Replied 23 November 2008
sir, can i service tax payment of bill wise basis only
| Originally posted by :Ankit kumar | ||
| " | sir can u clear it a little more |
" |
Navnit Agrawal
(CA)
(31 Points)
Replied 30 December 2008
Dear Everyone,
Where can i find the legal language providing the 5 days grace period after the due date of payment of Provident Fund?
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 31 December 2008
Well for that u can visit the website www.epfindia.nic.in
Navnit Agrawal
(CA)
(31 Points)
Replied 01 January 2009
Actually I want to know the specific section or noticication (or whatever) through which the grace period is granted.
naveen kumar jain
(article)
(56 Points)
Replied 12 July 2010
1.how to calculate penalty if Provident fund is not paid for last 4 month.?
2. Provident fund applies if a organisation has 20 or more employees correct or central gov will specify ? Correct.
3.What class of salaried employee get attacked to it ?
Plse Help,
CA DEEPAK BANSAL
(ACA, B.COM(H) )
(61 Points)
Replied 12 July 2010
DEAR ALL
IF THERE IS DATE OF PAYMENT FOR PF IS 15 OF TEH NEXT MONTH BUT THERE IS A GRCAE PERIOD OF 5 DAYS WHICH IS CONSIDERED FOR PAYMENT
IF WE PAY WITHIN 15TH + 5 DAYS I.E. 20TH OF THE NEXT MONTH THEN IT IS NOT THE CASE OF DEFAULT
HERE PAY DOESN,T MEAN DATE OF DEPOSIT OF CHEQUE
IT MEANS DATE OF STAMP ON THE PAYMENT CHALLAN ONLY IF THERE IS ANY COUNTER PLEASE FEEL FREE TO ASK
sravan
(Accountant)
(29 Points)
Replied 04 March 2011
hi this is shravn. iam asking hw verfy the internal audit and hw we prepafre the audit repot in interanal Auidt in charitable trust & companies (private,publuic)
tanking you..
For,K.shravan
(Guest)
Two year ago you post,tow years later I reply.
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