Dear Seniors,
I have a big issue in my company.
We had asked our legal consultant to complete all formalities relating to the new factory. As our company partners are fully time involved in the operations of the company and have only little knowledge about the administration, they didnt follow up about all legal formalities.
We had a ESI Inspection and we didnt have esi for people in the new factory.
Now PF inspection is going on, they have made said that we are liable for contractors outside premises also and said that total PF liability is coming out to 40 lakhs. Our consultant has asked us to maintain documentation properly and now he says that this has to be given.
Please advise what can be done as this is real harassment.
PF inspectors are saying that if the TDS of contractors is cut under section 194 than company is responsible for there PF.
Regards,
Charles
I have a big issue in my company.
We had asked our legal consultant to complete all formalities relating to the new factory. As our company partners are fully time involved in the operations of the company and have only little knowledge about the administration, they didnt follow up about all legal formalities.
We had a ESI Inspection and we didnt have esi for people in the new factory.
Now PF inspection is going on, they have made said that we are liable for contractors outside premises also and said that total PF liability is coming out to 40 lakhs. Our consultant has asked us to maintain documentation properly and now he says that this has to be given.
Please advise what can be done as this is real harassment.
PF inspectors are saying that if the TDS of contractors is cut under section 194 than company is responsible for there PF.
Regards,
Charles