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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Provision for leave salary encashment and gratuity was made by ...


Provisions for Leave Salary and Gratuity Based on Actuarial Valuation Allowed as Tax-Deductible Expenses.

February 1, 2017

Case Laws     Income Tax     AT

Provision for leave salary encashment and gratuity was made by the assessee on the basis of actuarial valuation done by actuary and these are considered as ascertained liabilities and allowable expenses - AT

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