Hi,
Can an assessee firm claim the gratuity paid his employees as expenditure under Income tax Act if the business concern has discontinued its operations???
Menu
Allowability of gratuity paid in case of a discontinued firm
Replies (1)
Gratuity paid in cash at the time of retirement of employee will be allowed.
Recent Topic
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
Related Topics
CAclubindia
