Professional tax late fee
Webb15 feb. 2024 · Maximum Profession Tax Amount. A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. Profession Tax Is Deductible Under Section 16 (iii) Of The Income Tax Act. According to Section 16 (iii) of the Income Tax Act 1961, the profession tax paid by an employee is allowed as a deduction from his/her … Webb30 apr. 2024 · Revocation of Late fee exemption: If it is found that the employer has not fulfilled the conditions or has submitted false information to avail the benefit of …
Professional tax late fee
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Webb4 mars 2024 · What is the late fees payable for filing PTRC returns after due date? If an employer failed to file PTRC returns within prescribed due date, he shall pay by way of … WebbFiling a past year federal or state tax return on PriorTax costs $34.99. Filing a late federal and state return together costs $49.99. Client Login Create an Account. Home; Pricing. …
WebbCurrent Maharashtra Professional Tax Limit. According to the notification, those entities having a professional tax liability of more than Rs. 1,00,000 are required to file a monthly professional tax return before the last date of each month. Those entities are having a tax liability of less than Rs. 1,00000 in the previous year are required to ... Webb1 apr. 2024 · Late fee for “late filing of returns” by Employer Where an employer fails to file return within the prescribed time, he shall pay, by way of a late fee, an amount of Rs.200/ …
WebbEvery person, who is engaged in any profession, trade, calling or employment and falling under any one or more of the entries enumerated in the Schedule appended to the Act, is liable to pay Profession Tax. The Schedule now contains 23 entries. Entry at serial No. 1 applies to salary or wage earners, while entries at serial numbers 2 to 23 ... Webb5 juli 2024 · Present the PRC ID (or any alternative proof of profession), previous PTR (if applying for renewal), and Authorization Letter/Special Power of Attorney (if you will apply through an authorized person) to the City/Municipal Treasurer’s Office. Look for the booth or section that processes PTR. 2. Pay the Tax. Pay for the tax, and the PTR will ...
Webb17 maj 2024 · In Maharashtra, for example, the penalty for late registration is Rs 5 per day. There is also 1.25% monthly interest for late payment, a 10% penalty on the tax amount …
Webb28 feb. 2024 · Also, please send me the interest and penalty schedules/chart for delayed payments of all statutories. Interest would be 1.25% per month on due amount, make sure that even one day late payment attracts interest for whole month means due date for april is 21st may and payment made as on 22nd may attracts interest for whole one month … afa agenda aurora co march 2023Webb13 sep. 2024 · Businesses might have to pay penalty, late fee or interest for non-registration, delay in tax payments and non-filing of returns within the specified due date. … afa alarm monitoringWebb2 maj 2024 · PTax Exemption from payment of late fee Professional Tax Exemption PT Government Circular - YouTube. *Knowledge Day!!! *Subscribe us on YouTube & enhance … afaa gfi certificationWebb3 apr. 2016 · Took PTEC ID this month, April 2016. ID certificate says: ". . .pay tax for un-enrolled period at Rs 5K immediately for Year 01-04-2013 to 31-03-2015 Rs 2500/- each year + Interest and penalty applicable as per law Rs. 2500/- on or before 17-Apr-16 for year 2015-206 (current year) and Rs. 2500/- per annum on or before 30-June of every year. . . ." afa aggregatWebb25 feb. 2024 · Late fee waiver Notification dated 25 Feb 2024 has been issued by Government of Maharashtra. All Profession Tax returns pending up to December 2024 … kokosim4 チートコードWebb15 feb. 2024 · Maximum Profession Tax Amount A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. Profession Tax Is Deductible Under … afaa essential fatWebbPT Help Desk (033) 7122 1000 / 1222 / 1527 / 1176 or Toll free 1800 121 0060 Email: query[dot]ptax[dot]wb[at]gmail.com kokuyome シャーペン