Provision for Gratuity via Actuarial Valuation Exempt from Unascertained Liability in Section 115JB, Income Tax Act.

Provision for Gratuity via Actuarial Valuation Exempt from Unascertained Liability in Section 115JB, Income Tax Act. https://www.taxtmi.com/highlights?id=38287 MAT - Book profit adjustments - when the provision for gratuity is being made on the basis of actuarial valuation, it cannot be said to be an unascertained liability and added in terms of clause (c) to Explanation (1) to section 115JB of the I.T. Act. - AT en-us Sun, 11 Mar 2018 05:48:52 +0530 Sun, 11 Mar 2018 05:48:52 +0530 TaxTMI RSS Generator Provision for Gratuity via Actuarial Valuation Exempt from Unascertained Liability in Section 115JB, Income Tax Act. https://www.taxtmi.com/highlights?id=38287 MAT - Book profit adjustments - when the provision for gratuity is being made on the basis of actuarial valuation, it cannot be said to be an unascertained liability and added in terms of clause (c) to Explanation (1) to section 115JB of the I.T. Act. - AT Highlights Income Tax Sun, 11 Mar 2018 05:48:52 +0530 https://www.taxtmi.com/highlights?id=38287