hii....can anyone tell me what probably would be the treatment of unclaimed bonus being remained unpaid for a period of more than 5 yrs...
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Treatment olf Unclaimed Bonus
Replies (6)
Unclaimed bonus of more than 3 yrs is trasferred to labour welfare fund.
Transfer the same to Labour Welfare Fund
Whether a seprate account needs to be open with some regulatory authority or mere passing a journal is sufficent in this case,..???
Passing a journal entry will be sufficient...
hi...whether repairs of plant & manchiner attracts the provisions of section 194c for deduction of tds on contractors..???
Hi,
can sumbody plz tell me, where exactly does the company need to deposit the unclaimed wages and bonus outstanding for more than 3 yrs??
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