Fired from Job, Due to Covid-19.

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If any company fired/terminate it's Employees from job by giving Reason Covid-19, and not paid Salary to them.
Then in which Section they are allowed to take Tax Benefits for Employees Expense and Which kind of Professionals Help them in do such by producing fake documents? in which Section/Clause of Audit Standards it is Allowed By ICAI?
Can anyone have answer of these questions?
Replies (10)
It is nowhere allowed. Nobody is allowed to take claim for false business expenses.
But Companies do these things from a decade of times. they hold Employees salary, they hold their documents, they make bias policies towards Employees Stuck policies

The world is in close proximity to recession, so, small companies are already bankrupt, no one knows what it is like to operations under such conditions. So,e. Ountries are injecting billions of dollars to start a daily life. I wonder how much India will inject!!

Its a difficult for businesses as well as people who have lost their job due to Covid-19.

The news says tens of millions have become poor already in India. This is the end of everything. I am highly suspecting, once covid is over, they will raise taxes like 100%. Such a horrible thing going to happen for no ones mistake.

It is like nobody's fault. The situation is such that many people are so helpless. If the gov decides to raise taxes then its going to be a horrible move from their end

We can’t help it, economy must recover. For this governments are raising wages probably in the future.

We can only wait for situation to get better and the economy to revive back to normal

This is not going to happen soon... with the nasal spray it is possible.

Originally posted by : yasaswi gomes
open quote This is not going to happen soon... with the nasal spray it is possible. close quote

 

I didn't quite understand what this meant. Can you explain it a little in detail?

 


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