ÀÏ˾»úÎçÒ¹¸£Àû

Home / Tolley's Global Mobility: Employment Taxes (Worldwide excluding Europe) /India /8. Non-compliance to withholding requirements / 8.1 Income tax non-compliance
Commentary

8.1 Income tax non-compliance


India

8.1ÌýÌýÌýÌý Income tax non-compliance

Non-compliance of any provision of a statute arises on account of the following:

  1. Ìý

    •ÌýÌýÌýÌý delay in the remittance or non-remittance of the taxes due

  2. Ìý

    •ÌýÌýÌýÌý delay in filing the prescribed returns or non-filing

  3. Ìý

    •ÌýÌýÌýÌý non-maintenance of the prescribed records

For any non-compliance, the employer is liable to all of the following:

  1. Ìý

    •ÌýÌýÌýÌý interest

  2. Ìý

    •ÌýÌýÌýÌý late fees

  3. Ìý

    •ÌýÌýÌýÌý penalties

  4. Ìý

    •ÌýÌýÌýÌý prosecution, wherever prescribed in the statute

The interest, late fees and penalties are borne by the company. The prosecution proceedings, wherever applicable are initiated against the key

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
TAKE A FREE TRIAL TAKE A FREE TRIAL

Web page updated on 17 Mar 2025 15:31