incase of a statuory audit, if there are unpaid bonus and salary & wages outstanding for more three years, what is the treament and what is the section that states the same.
2 Replies
Pavan Kumar.S
(Article Assistant)
(37 Points)
Replied 08 May 2008
It should be treated as Income and tax on the same has to be charged depending on the type of Assesse.
abhas duvey
(Article Trainee)
(25 Points)
Replied 08 May 2008
these should be transffered to delhi labour welfare association after certain period.
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