16 January 2015
If we invest any amount in FD or Insurance fund to finance the future liability on leave encashment / gratuity, then whether interest earned on FD/ Insurance fund will be taxable or not? Amount invested will be allowed as deduction as made by actuaries. Interest earned is also reinvested.
16 January 2015
if it is approved fund under the income tax then amount its will eb irrevocable and company can not take back the amount then no amount will taxable in hand of employer. but in hand of trust.
16 January 2015
if it is approved fund under the income tax then amount its will eb irrevocable and company can not take back the amount then no amount will taxable in hand of employer. but in hand of trust.
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