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Provision of Gratuity

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 September 2010 Can any one tell me whether provision for gratuity will be made during first 4years of incorporation of a Company.And what are the basis of valuation of Gratuity.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
29 September 2010 yes based on acturial valuation only on accrual concept of accounting.

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