gratuity
This query is : Resolved
24 June 2009
Hi, I want to know if a company which has not get done the actuarial valuation on 31.03.08 gets it done for current year and previous year together in current year i.e on 31-03-09, can it be allowed in P/l in 2008-09 of current year as well as of last year?
24 June 2009
Provision for gratuity is not allowed deduction in income tax act.
24 June 2009
u/s 40A(7)Provision for gratuity is not allowed deduction
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