Leave encashment under sec 43b(f)

Hi all,

 

I had a query regarding sec 43B(f).

 

In the books of a foreign branch of an Indian Company,should a provision made for leave encashment as on 31st March 2012 as per GCC (Gulf Coordination Council) Laws be disallowed under clause 21(i)(B) of  FORM 3CD?

 

Please help me. Expecting a reply as fast as possible.

 

Thanks and Regards in Advance

Annmary

 

Expecting answers as  fast as possibel

Replies (1)

Hi,

Such provison is disallowed unless paid before due date of filing of return.

 

Rgds//Vaibhav
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