Transfer to Unapproved Gratuity Fund

Praveen Kumar Daga (Student (CA Final)) (35 Points)

17 October 2007  

Dear Freinds,

 

Is transfer to unapproved gratuity fund by the employer is liable for FBT? As in reply to the FAQ 38, CBDT has answered that only transfer to approved gratuity is not liable for the same.

PRAVEEN KUMAR DAGA

Khimji Kunverji & Co

Mumbai