PT Return Filing

Professional Tax

Professional tax is levied by State Governments. Each state has its own laws and slab system based on income. Article 276 caps maximum at Rs 2,500. Different due dates apply per state.

Professional Tax

State-wise rates apply. Example - Telangana: Rs 2,500 per organisation/partner/director. Slabs vary by state based on income.

Penalties

Non-Registration

Rs 20 per day under Section 5(5) for unregistered period

Late Payment

Interest at 18% per annum plus prescribed penalties

Non-Deposition

Officials can recover amount with penalty/interest from assets, attach bank account. Serious cases may lead to prosecution.

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