Deepak Maharishi (CS) (514 Points)
23 June 2010
Can a company utilise the gratuity fund set up by it for any other purpose other than employee benefits?
Thanks and regards
Deepak Maharishi
Venkateswara Rao Sapare
(Accountant)
(1500 Points)
Replied 23 June 2010
In the Act, Provisions never enable to use Gratuity amount.
Venkateswara Rao Sapare
(Accountant)
(1500 Points)
Replied 23 June 2010
In the Act, Provisions never enable to use Gratuity amount.
Deepak Maharishi
(CS)
(514 Points)
Replied 23 June 2010
| Originally posted by : Venkateswara Rao Sapare | ||
 |
In the Act, Provisions never enable to use Gratuity amount. |
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Dear Sir,
That means the company can not utilise clearly??
regds
CAclubindia
