Esic

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 March 2015 Would the interest paid on late payment of ESIC be allowed in Profit and Loss A/c???
Pleasee reply soon

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 March 2015 please resolve the query or provide me with relevant section regarding the same?? ASAP

24 March 2015 Any payment in compensatory nature would be allowed, however any penal payment will not be allowed. Interest on late payment is compensatory in nature, therefore it will be allowed.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 March 2015 can you provide me with the relevant sections or any case related to the above issue, if you have???


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details