[aaykarbhavan] Provision for gratuity created before enactment of Gratuity Act to be allowed after enactment of said Act

Provision for gratuity created before enactment of Gratuity Act to be allowed after enactment of said Act

July 3, 2014[2014] 45 taxmann.com 531 (Rajasthan)

IT : Where on coming into force of Gratuity Act, 1972 assessee company became liable for first time in assessment year 1973-74 to provide gratuity to its employees which included current as well as past liability and assessee made provision of said amount on actuarial basis, assessee's claim for entire expenses was to be allowed

 

Regards

Prarthana Jalan

__._,_.___

---

Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

---

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com

Visit Your Group

• Privacy • Unsubscribe • Terms of Use