Provision for gratuity & leave encashment

Tax queries 7484 views 6 replies

Whether Provision for Gratuity & Leave encashment disallowed u/s 43B or 40A(7)?????

Replies (6)

disallowed if not paid before filing of return

under which section 43B or 40A(7)?????

if the provision is made fr an unapproved gratuity fund then it will be disallowed u/s 40A(7)

 

If not paid before filing of return , its disallowed u/s 43(B)

 

Originally posted by : Sunshine...

if the provision is made fr an unapproved gratuity fund then it will be disallowed u/s 40A(7)

 

If not paid before filing of return , its disallowed u/s 43(B)

 Fully agreed with Sunshine

what will be status if company deposit funds before filling of return in unapproved gratuity fund

yes thts my question also i have asked so many people but they are unable to ans. pls if any can explain it would be better

 


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