The Punjab State Development Tax
punjab · 2018
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1All such persons who are assessable Rs
- S. 2Section 2 defines key terms used in the Punjab State Development Tax Act, including "Appellate Authority," "assessee," "Commissioner," and "employee."
- S. 3The Punjab State Development Tax Act, 2018 (Punjab Act No
- S. 4Section 4 imposes a development tax on certain professions, trades, and employments in Punjab, with exemptions for senior citizens and temporary non-engagement.
- S. 5Section 5 mandates employer deduction of state development tax from salaries/wages, except for those with a certificate opting to pay it themselves.
- S. 6Section 6 mandates registration and enrollment for tax compliance and details certificate issuance for tax liability.
- S. 7Section 7 mandates self-assessment and filing of tax returns by enrolled persons and registered employers in Punjab, with exemptions and specific return formats as per Commissioner's discretion.
- S. 8Section 8 outlines the process for accepting returns, issuing demand notices, and assessing tax for Punjab State Development Tax.
- S. 9Section 9 outlines the acceptance of correct returns, demand notices for due taxes, assessment procedures, and special assessments by designated officers.
- S. 10(1) The tax payable under this Act shall be paid in the prescribed manner
- S. 11Section 11 imposes interest at 2% per month on unpaid development tax by employers or individuals.
- S. 12(1) All arrears of tax, penalty and interest due under this Act from any person shall be recoverable as arrears of land
- S. 13Section 13 allows appeals against development tax orders to an Appellate Authority, with further appeal to a Tribunal, subject to time limits and payment conditions.
- S. 14Section 14 allows the Commissioner to review and revise tax proceedings, with specific timelines and rights for the assessee.
- S. 15Section 15 allows authorities to correct records and review tax assessment orders if fraud or misrepresentation is found, with a three-year limit.
- S. 16Section 16 mandates the Commissioner to require an employer to maintain adequate records if current ones are insufficient for tax verification.
- S. 17Section 17 authorizes officials to inspect and seize business records to enforce state development tax compliance.
- S. 18Section 18 allows refunds of overpaid tax, penalty, interest, or fee to be credited to bank accounts or used to offset future liabilities.
- S. 19Section 19 imposes penalties for delays and false information in filing returns and paying taxes under the Punjab State Development Tax Act.
- S. 20Section 20 holds company officers liable for offenses committed by the company, with specific accountability for directors, managers, and other officers.
- S. 21Section 21 grants authorities under the Act the same powers as a court to enforce attendance and compel document production.
- S. 22Section 22 bars legal challenges to assessments and protects authorities and employers acting in good faith under the Act.
- S. 23(1) The Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act
- S. 24Section 24 allows the Punjab government to issue orders to resolve Act implementation issues, but only within three years of the Act's commencement.
- S. 2018Section applies to government offices and state-owned entities in Punjab's capital, effective from publication.