In all companies gratuity fund is maintained by? And at the year ending provision is made for contribution to fund or the amount that to be payable to employee?Treatment of all this in tax audit report?
26 November 2014
The companies to which the Payment of Gratuity Act is applicable, make the provision. The gratuity fund in the form of trust is maintained by the companies. The report on the gratuity provision is required to be given in tax audit report