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Gratuity an leave enchasment

Income Tax - Started By: - Bijay Shrestha - Dated:- 16-10-2016 Last Replied Date:- 21-11-2016 - Dear Friends, Please suggest.A company is accounting for Provsion for Gratuity & Leave Encashment for first time as per Acturial Valuation. Figure are .....

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books?i) Either whole amount is charged in PL Account and credited to Provision and disallowed whole amount in IT computation? ORii) Op. Balance adjust against Opening balance of Reserve and surplus and balance amount charged to PL account and credit .....

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