Adjustment of gratuity against past excess trust contributions and Ind-AS book adjustments are non-disallowable tax entries.
Adjustment of gratuity against past excess trust contributions and Ind-AS book adjustments are non-disallowable tax entries. Issue Whether an accounting debit for gratuity representing an adjustment against past excess contributions to an approved Gratuity Trust can be disallowed under Section 40A(7). Whether lease rentals paid without Tax Deducted at Source (TDS) can be allowed as… Read More »