TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Company and principal officer liable for 1% monthly simple interest on unpaid distributed profits tax from day after due date</h1> Where a domestic company and its principal officer fail to pay any part of the tax on distributed profits within the prescribed time, they are liable to pay simple interest at one per cent per month or part thereof on the unpaid tax, calculated from the day after the last due date until the date of actual payment. The interest accrues monthly and covers the entire period of default.
TaxTMI 
TaxTMI 
