A company signed an agreement with the employees union on 01.09.2010 for revision of wages with retrospective
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A company signed an agreement with the employees’ union on 01.09.2010 for revision of wages with retrospective effect from 01.04.2009. This would cost the company an additional liability of ₹10 lakhs per annum. Is a disclosure necessary for the amount in paid in 2010-11?
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Yes a disclosure is necessary for the amount paid in 201011 The company signed an agreement with the ...View the full answer
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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