Easy Office
Easy Office

OT & MEAL EXP

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 February 2008 We have taken labours from contractors in our factory and we are paying montly to the contractors towards wages apart from ot and meal expenses to labours..
pl..tell me accounting treatment in books..
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
19 February 2008 Please clarify how you are paying OT to the labourers under the contractors-directly or through the contractor's bill?
Profile Image

CA. Dashrath Maheshwari

Profile Image

CA. Dashrath Maheshwari (Expert)
19 February 2008 Overtime wages to contract labour is to be treated as wages only but meal exp. is labour welfare expenses and liable to FBT
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links