43B(h) Labour contactor Bonus provision
shrikant (CA) (177 Points)
11 February 2024shrikant (CA) (177 Points)
11 February 2024
Saravanan nagaraj
(463 Points)
Replied 12 February 2024
A contractor has a responsibility to pay bonus to his employees as per labour law.
If your company paid that bonus amount instead of contractor. Ask him to raise invoice as reimbursement expenses.
So, you can account these payments against labour contractor invoice.
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