Dear All,
Our Gratuity is funded and approved also. However we are getting our acturial valuation for the same for FY 2012-13. we have contributed some amount to LIC. Based on such valuation if any additional amount is liable over and above contribution, I will have to provide for the same.
My question is whether such additional provision should be claimed as deduction on payment basis under 43B before due of filing return or
whether I can cliam it even before such payment?
CAclubindia
