Sirs,
Stiphend paid to Trainee (Production Dept.), where it reflects whether Direct expenses or Other admin expenses.
Whether it covers under any statutory requirements?
Please guide me.
L KANAGARAJ (Assistant Manager-Finance) (615 Points)
06 December 2008Sirs,
Stiphend paid to Trainee (Production Dept.), where it reflects whether Direct expenses or Other admin expenses.
Whether it covers under any statutory requirements?
Please guide me.
CA. Amit Daga
(Finance Controller CA. CS. CFA. CIFRS. M.COM. )
(9017 Points)
Replied 06 December 2008
Its depend on the nature of the work of the trainee.. if his work is directly related with prodn cost of goods than it will otherwise it will not.. but as i feel it should not be part of direct exp
CA. Rajeev Aggarwal
(Chartered Accountant)
(3424 Points)
Replied 06 December 2008
If they are doing the same work as other people in the prodn dept are doing, then direct exp
otherwise admin exp