Whether Provision for Gratuity & Leave encashment disallowed u/s 43B or 40A(7)?????
Provision for gratuity & leave encashment
urvi jitendra bhavsar (CA Final Student) (116 Points)
27 July 2011urvi jitendra bhavsar (CA Final Student) (116 Points)
27 July 2011Whether Provision for Gratuity & Leave encashment disallowed u/s 43B or 40A(7)?????
valji
(Accounts manager-MBA)
(2150 Points)
Replied 27 July 2011
disallowed if not paid before filing of return
urvi jitendra bhavsar
(CA Final Student)
(116 Points)
Replied 27 July 2011
under which section 43B or 40A(7)?????
Sunshine
(Helping All)
(10575 Points)
Replied 27 July 2011
if the provision is made fr an unapproved gratuity fund then it will be disallowed u/s 40A(7)
If not paid before filing of return , its disallowed u/s 43(B)
suman
(Auditor )
(388 Points)
Replied 27 July 2011
Originally posted by : Sunshine... | ||
if the provision is made fr an unapproved gratuity fund then it will be disallowed u/s 40A(7) If not paid before filing of return , its disallowed u/s 43(B) |
Fully agreed with Sunshine
Girdhari Mangal
(Propriter)
(21 Points)
Replied 24 August 2011
what will be status if company deposit funds before filling of return in unapproved gratuity fund
punit
(artical)
(25 Points)
Replied 30 May 2017
yes thts my question also i have asked so many people but they are unable to ans. pls if any can explain it would be better