06 May 2011
Hi I need a clarification. Last year my company was acquired by US based company. During that time, we were given a medical reimbursement of one month basic at end of the year. But the current management is saying that it is not legal. I am surprised by the comment as old management was doing this for 10 long years. In that Case does the Auditor has not checked the accounts properly?
Is it illegal? Can anyone shed some light on this...
CAclubindia
