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Parasuram217
Dear all,
can any one help me regarding the penalty payable u/s 14B of PF act,
for one of my client PF is applicable from July-2017 inwards, but due to some reasons he got the registration in the month of September-2017, and he has not deposited the PF contributions till now, so now he wants to deposit the PF amount along with interest and penalties.
i think interest is @12% p.a as per sec-7Q, if i am right...
can any one help me for penalty payable u/s-14B with example.
Thank you

From India, Bengaluru
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