Deemed Income of the Company

This query is : Resolved 

21 December 2009 If the company is depositing the EPF and ESI late, then is the Employees contribution considered as deemed income of the company, If yes please give the relevant section also please its urgent

21 December 2009 Go through the provision of section 40A(9) of the I. T. Act

21 December 2009 Not agree with Mr. Lalit

Refer Section 2(24) definition of Income.




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