Dear professionals
We have received show cause notice from professional tax department, due to non payment of professional tax for the financial year 2021-22 and 2022-23. Our company CA took a PTEC and PTRC in the name of our company but when we approach the concern PT officer he told us that it is mandatory to take PTEC certificate on the name of company director too, which we don't have, now he threaten us to enforce thrice penalty with Interest and demanded for settlement amount. Our CA is ignoring to meet him he is saying nothing will be happen, we are confuse. what to do now, as advice by our CA can we take this showcase notice lightly or it is better to meet concern officer and try to settle this issue in good manner and what would be its legal consequences please advice.
From India, Nashik
We have received show cause notice from professional tax department, due to non payment of professional tax for the financial year 2021-22 and 2022-23. Our company CA took a PTEC and PTRC in the name of our company but when we approach the concern PT officer he told us that it is mandatory to take PTEC certificate on the name of company director too, which we don't have, now he threaten us to enforce thrice penalty with Interest and demanded for settlement amount. Our CA is ignoring to meet him he is saying nothing will be happen, we are confuse. what to do now, as advice by our CA can we take this showcase notice lightly or it is better to meet concern officer and try to settle this issue in good manner and what would be its legal consequences please advice.
From India, Nashik
While obtaining PTEC you should mention the details of the directors as well.
As you have separate PTRC are you deducting the PT amount from the directors & remitting the same? if so then you can submit the proof & close it.
You can't ignore any Show cause notices from any of the government authorities & the penalty for non submission of PT returns is Rs. 1000/- per year
Authorities have right to attach the notices to Bank & they can freeze bank account & can take proceedings by court as well
From India, Bangalore
As you have separate PTRC are you deducting the PT amount from the directors & remitting the same? if so then you can submit the proof & close it.
You can't ignore any Show cause notices from any of the government authorities & the penalty for non submission of PT returns is Rs. 1000/- per year
Authorities have right to attach the notices to Bank & they can freeze bank account & can take proceedings by court as well
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.