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Provision of salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 September 2013 Dear Sir,

In pvt ltd. company we have made provision of Annual salary for the year 2011-12, we have not paid any payment in 2012-13 & also made a salary provision for the year. now it is allowable in that case ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
06 September 2013 since the salary related to 2011-12, it is allowed during fy-2011-12
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