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accounting treatment for unpaid expenses.

Statutory Audit 1473 views 2 replies

incase of a statuory audit, if there are unpaid bonus and salary & wages outstanding for more three years, what is the treament and what is the section that states the same.

Replies (2)

It should be treated as Income and tax on the same has to be charged depending on the type of Assesse.

these should be transffered to delhi labour welfare association after certain period.


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