PF contributation regarding
This query is : Resolved
12 September 2023
Assesses is registered under PF so whether Employee and Employer contribution towards Provident Fund is Allowed as business expense under section 36(1) in Profit and loss or only employer's contribution is allowed as business expense and employees contribution is treated only liabilities
12 September 2023
Only employer's contribution is allowed as business expense and employees contribution is treated only liabilities as it's recovered from employees salary.
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