43B_Gratuity

This query is : Resolved 

14 November 2019 A company has taken a policy for gratuity of employees from LIC. Now the company had made provision in the books for gratuity as per Acturial Valuation. Please guide whether the provision would be disallowed U/s 43B?

14 November 2019 Disallowed if funds not remitted to LIC before filling ITR.

15 November 2019 OK. Thanks a lot Sir




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