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Utilisation of Gratuity Fund

This query is : Resolved 
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(Querist)
23 June 2010 Dear Sir,

Can a company utilise the gratuity fund set up by it for any other purpose other than employee benefits?

Thanks and regards

Deepak Maharishi
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
02 August 2010 No, never.
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