43 b
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2012
I have wanted to ask an Query-
Situation 1- Company is making contribution for Gratuity to Lic
Situation 2- Company is making provision for leave encashment i.e it is debiting it in its P & L & crediting its employees a/c
are both the situation disallowed u/s 43B?
Situation 1- Company is making contribution for Gratuity to Lic
Situation 2- Company is making provision for leave encashment i.e it is debiting it in its P & L & crediting its employees a/c
are both the situation disallowed u/s 43B?
11 July 2012
1. gratuity contribution is allowed.
2. provision for Leave encashment shall be disallowed.
2. provision for Leave encashment shall be disallowed.
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