Treatement of unpaid salary & wages
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2011
Please suggest what treatement should be taken when there is huge balance lying in unpaid salary & wages incluing bouns etc. since 2001-2002 to 2010-2011
is there it is required to pay said amt in any Govt. Cont. if yes please also mention time period also
Please suggest what treatement should be taken when there is huge balance lying in unpaid salary & wages incluing bouns etc. since 2001-2002 to 2010-2011
is there it is required to pay said amt in any Govt. Cont. if yes please also mention time period also
CA Pushpendra Gaur
(Expert)
27 September 2011
they should be transferred to the Profit & Loss A/c, the balance which are pending for more than 3 years
Also, mention the state in which the wages r unpaid as dfferent states have different laws
Also, mention the state in which the wages r unpaid as dfferent states have different laws
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