is it allowable deduction in pgbp or not .if yes why and if no why?
please help me
Menu
contribution to staff welfare fund
Replies (4)
A simple contribution to staff welfare fund doesn't make the expense allowable as it is seen as diversion of business funds.
It will be questioned by the department in which case, activites undertaken for the welfare of the employees should be shown to support the contribution.
It will be questioned by the department in which case, activites undertaken for the welfare of the employees should be shown to support the contribution.
thanks u so much.
Thanks
If it is considered as approved account then it is allowed if not then it is not allowed
it means it is based on your assumption
it means it is based on your assumption
Recent Threads
- Paying Rent in Cash: This Could Trigger an Income
- Market Down, Portfolio Down: Need suggestions for
- How much tax is payable If I withdraw my mutual fu
- GST Penalty Provisions under Section 73 vs Section
- How VFA Academy Helps Traders Build Discipline and
- GSTR-3B Relationship
- Section 194T: TDS on Payments to Partners: Applica
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
Related Threads
CAclubindia
