banner_ad

Any compensation paid to employee after legar hearing is allow as expenditure in income tax?

This query is : Resolved 

29 July 2024 Any compensation paid to employee after legar hearing is allow as expenditure in income tax? under which head expenses should book ???

Pls answer

30 July 2024 Need to check the reason for the payment.

30 July 2024 some accident was happend & we paid him 116300/- after labour court order

30 July 2024 Whether any insurance claim received for the accident?

30 July 2024 some accident was happend & we paid him 116300/- after labour court order

30 July 2024 no insurance policy at that time

30 July 2024 You may claim it under compensation paid over accidental loss.

30 July 2024 no insurance policy at that time

30 July 2024 THANKS SIR .............

30 July 2024 You are welcome.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

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

HiringBridge

Ahmedabad

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details