ESI deduction
This query is : Resolved
19 February 2020
Can anyone tell about Employer and Employee' ESI Contribution deduction treatment in the hands of employee as well as Employer ?
19 February 2020
IN HAND OF EMPLOYER
EMPLOYER CONT = EXDITURE
EMPLOYEE CONT = CURRENT LIABILITY
EMPLOYER CONT = EXDITURE
EMPLOYEE CONT = CURRENT LIABILITY
19 February 2020
IN HAND OF EMPLOYER EMPLOYER CONT = EXPENDITURE EMPLOYEE CONT = CURRENT LIABILITY
19 February 2020
Why employee does not get any ESI contribution's deduction under Income Tax Act ?
20 February 2020
being State Insurance, central govt has NOT put any benefit under section 80C
Message likes :
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20 February 2020
Thanks for the reply, Sir
20 February 2020
you are most welcome.
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