banner_ad

Application for approval of gratuity

Tax queries 1024 views 1 replies

Dear professional collegues,

If the commissioner has not acted for application made for approval of gratuity fund for more than 1 year period even after follow up what is the consequence? Can it be deemed to have been approved and can the assessee is deemed to have complied with the provisions of section 40A(7) and avoid disallowance?

An Early reply is highly appreciated!! Thanks in advance.

Replies (1)

No you can't Assume Deemed to have been approved

Atleast you might have deposited the sum with LIC or ony ther Insurer in a Separate Gratuity Scheme Account. 

 

I hope you can opt for an appeal or Ask that fellow the reasons for not registering you under RTI Act


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details