Treatment olf Unclaimed Bonus

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??