ESI deduction
This query is : Resolved
19 February 2020
Can anyone tell about Employer and Employee' ESI Contribution deduction treatment in the hands of employee as well as Employer ?
19 February 2020
IN HAND OF EMPLOYER
EMPLOYER CONT = EXDITURE
EMPLOYEE CONT = CURRENT LIABILITY
EMPLOYER CONT = EXDITURE
EMPLOYEE CONT = CURRENT LIABILITY
19 February 2020
IN HAND OF EMPLOYER EMPLOYER CONT = EXPENDITURE EMPLOYEE CONT = CURRENT LIABILITY
19 February 2020
Why employee does not get any ESI contribution's deduction under Income Tax Act ?
20 February 2020
being State Insurance, central govt has NOT put any benefit under section 80C
Message likes :
1 times
20 February 2020
Thanks for the reply, Sir
20 February 2020
you are most welcome.
..
..
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- Last year TDS Claim
- LTCG on switch of units
- Salary and pension received from Asian Development Bank
- Short Term Capital gain on shares bought and sold after 2018 onwards
- One Post a Week Done Right Beats Seven Done Wrong
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 2 Short Term gain & Long term gain
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
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
