banner_ad

Bonus

This query is : Open 
Profile Image

Profile Image

(Querist)
12 December 2012 Private Limited Co.

What is accounting treatement for bonus paid in current financial year (12-13), which is wrongly not provided in the books of earlier year (11-12) ?

Note - Written application received from employee in this matter.
Profile Image

V K Bajaj

Profile Image

V K Bajaj (Expert)
13 December 2012 Mr Joglekar!

If not provided in 2011-12 but paid in 2012-13 does not constitute a wrong. You can account for Bonus expenses on payment basis.

However, if you have provided in 2011-12 but not paid within six month then there would have been a WRONG.
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
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

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

HiringBridge

Ahmedabad

CA

View Details