Tag Archives: Gratuity

How to do accounting of gratuity due to increased ceiling ? ICAI FAQ

By | May 16, 2018

ICAI FAQ on accounting treatment of increase in liability due to enhancement of the gratuity ceiling The Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI) has issued the following FAQ on accounting treatment of increase in liability on account of enhancement of the gratuity ceiling from Rs. 10 lakhs to… Read More »

Income Tax Business Application -Gratuity, Superannuation and PF Approval

By | October 29, 2016

F.No. System/ITBA/Instruction/Administrative/178/2016-17/ Dated: 24/10/2016 To All Principal Chief Commissioners of Income-tax/ CCsIT (By Name) All Principal Commissioner of Income-tax/CsIT/CsIT(CO) (By Name) Subject: Launch of Income Tax Business Application (ITBA) – Administration Functions Module Phase-2 (Gratuity, Superannuation and Provident Fund Approval) – Reg. Sir/Madam, This is in reference to the subject mentioned above. The functionality for… Read More »