04 June 2011
hi…I want 2 know when a company should make Provision for Gratuity & Leave salary ??? I am doing audit of a private limited company. It has completed 15 years. Secured loans 01/04/2010 - 31/03/2011 is 481682 and unsecure loans of 5 lakh. Employees are not covered u/s 217 (2A). Do this company has to make provisions. Reply ASAP. plz....
CAclubindia
