Applicability of AS 15(employees Benefit)
This query is : Resolved
16 July 2021
To
The
Experts
Does Valuation of gratuity by Actuary as per AS 15 is compulsory for every enterprise.
Our company is a 100% State Govt owned company and its capital base is Rs.15 crore and Turnover is Rs. 102 crore.
Can it avail exemption available to SME(as per 2020 definition of SME) sector from applicability of AS-15 in its ENTIRETY?
Regards
Abhijit
The
Experts
Does Valuation of gratuity by Actuary as per AS 15 is compulsory for every enterprise.
Our company is a 100% State Govt owned company and its capital base is Rs.15 crore and Turnover is Rs. 102 crore.
Can it avail exemption available to SME(as per 2020 definition of SME) sector from applicability of AS-15 in its ENTIRETY?
Regards
Abhijit
16 July 2021
Yes, SME benefit available.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
