The HC directed the CA Firm to pay a penalty for Non-Payment of Service Tax by the Internal Auditor due to Delayed Payment of Salary by KSFC.
The Karnataka High Court directed the Chartered Accountant (CA)Firm, the petitioner to pay 250000 rupees which is 25% of the total penalty imposed against non-payment of Service Tax due to Delayed Payment of Salary by KSFC. The 25% penalty was accepted to be paid by the petitioner itself in the affidavit submitted. M/S V K…