Provision for gratuity

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 November 2009 Dears

One of my clients want to make provision for gratuity beginning from 2005 onwards. The audit for 2005 is going on. so They wants to know for calculating the provision for the year 2005 whether they can take the present salary (2009) instead of 2005 as base.

Please advise me

03 November 2009 In my views if you are making provision for 2005 you should calculate grtuity on basic salary+da end of the yr 2005.

03 November 2009 Agree with expert otherwise the provision will be overstated assuming salary has been increased from 2005 to 2009.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 November 2009 Thanks


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details