Gratuity Reversal

This query is : Resolved 

25 April 2024 HI All, We have provisioned gratuity to follow the rule for provision of gratuity for all employees employed till the end of year.Now as per provision of gratuity we have to pay for full service of 5 years. My question is if an employee left the Company before completion of 5 years then under which section the Company can reverse the gratuity. Thanks in advance

26 April 2024 No need for any reversal, calculate the year end accrued liability and provide it will take care of such reversal.


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