Gratuity
This query is : Resolved
16 August 2010
Hello All,
Is it compulsory to made provision for gratuity in the book of Accounts , if the employee strength cross 20. If yes, please explain me with section
Thanks in Advance
Is it compulsory to made provision for gratuity in the book of Accounts , if the employee strength cross 20. If yes, please explain me with section
Thanks in Advance
16 August 2010
Yes it should be done as per AS - 15.
16 August 2010
Agreed, provision has to be made as per AS-15 on the basis of Actuarial Valuation.
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