Employee Benefit
This query is : Resolved
21 May 2008
Whether a company, must, make provision for liability arise out of employee benefits as described at AS -15 or as written in AS-29 (retirement benefit as contingent liability).
If the company does not provide such liability, whether the company is liable to be prosecuted or anwerable to any govt. authority.
Company (including its Holding foreign company) has a total turnover more than 50 crores and the indian company has a employee strength of 40.
If the company does not provide such liability, whether the company is liable to be prosecuted or anwerable to any govt. authority.
Company (including its Holding foreign company) has a total turnover more than 50 crores and the indian company has a employee strength of 40.
21 May 2008
The companies will have to comply with accounting standards as prescribed u/s 211(3A)(3B)(3C).
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