I have disallowed provision for Gratuity towards unapproved fund under section 40A(7). Suppose next year the employee retires & actual payment is made to him, under which section the actual payment will be allowed?
Menu
Section 40A(7) vs Section 43B
Replies (2)
Under sec 37.. in ITR deduction to be claimed under "any other allowance" as only disallowance can be claimed under 40A(7).. there is no field in ITR for claiming allowance under Sec 40A(7)
I totally agree with what you have said!! upmusics
Recent Topic
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
- GST registration
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
Related Topics
CAclubindia
