There have been a couple of instances where the employer has remitted the PF contribution on 18th and 20th of the month in the past period. The date of realisation stamp on the challans by SBI is after 21st of the month.
The PF dept has raised a demand for interest and damages for 6 days in both the cases.
Please clarify whether this is right - Should not the date of remittance be taken to account rather than the date of realisation?
The PF dept has raised a demand for interest and damages for 6 days in both the cases.
Please clarify whether this is right - Should not the date of remittance be taken to account rather than the date of realisation?