Menu
Gratuity Provisioning
Whether all companies ( as per companies act ) are required to provide for gratuity ? supported by an actuarial certification ?
Replies (4)
When reserves are doubtful provisions is required
But how is provisioning possible here?
Dr. Gratuity
Cr provision?
Gratuity is a liability and so a seperate provision must be created out of what?
If we act like an accounting techie
Dr. Gratuity expense in income statement
Cr. Gratuity liability
Thankyou. Any other reply by fellow members?
GRATUITY PROVISION IS GENERALLY MADE ON GRATUITY CALCULATION.
ON BASIC SALARY AND DA
ON BASIC SALARY AND DA
Recent Threads
- Un claim ITC
- Form 49AA - OCI card holder applying for PAN card
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
Related Threads
CAclubindia
