banner_ad

Accounts

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 August 2009 Dear Members

Iam working a limited company. We paid Rs.21,00,621/- towards preium to under Met Life Group Gratuity Scheme. The details as below:
1. Rs.27,315/- towards Risk Premium.
2. Rs.2,59,850/- towards Current Service cost and
3.Rs.18,13,456/- towards pas service liability.

4. The Gratuirty provision outstandint as on 31.03.2009 Rs.15,62,567/-.

Plese advise me treatment in books of accounts.
Profile Image

M Prabhakar Menon

Profile Image

M Prabhakar Menon (Expert)
26 August 2009 You seem to have paid more than your estimated liability of Rs15.63 lacs be prepared to satisfy the Assessing Officer's query.Follow AS 15 issued by ICAI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details