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Group Gratuity Trust Accounting

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(Querist)
30 June 2023 If a Company maintains separate books of accounts of its Group Gratuity Trust then Bank account separately opened for the Gratuity Fund will be reflecting in the Company's Balance Sheet or in the Trust's Balance Sheet?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 June 2023 Bank account separately opened for the Gratuity Fund will be reflecting in the Trust's Balance Sheet.
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CA Ritu Chauhan

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CA Ritu Chauhan (Querist)
01 July 2023 Thank you Sir. Could you pls share a format for Trust's Balance Sheet & Income & Expenditure account?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 July 2023 It's very simple format any accountant can help you.
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