Gratuity fund
This query is : Resolved
16 April 2016
a company invested in a gratuity fund scheme in lic and booked expenses now transfer investment company from LIC to india first and recieved invested amt from LIC . what is the treatment of received amt.
16 April 2016
Keep it under liability. If funded through gratuity trust keep the funds with trust, Transfer the funds to investment co. any delay you will loose interest.
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