CA Sansaar
- All Categories
- Income Tax (1633)
- Students (770)
- Service Tax (497)
- Corporate Law (465)
- Audit (399)
- Accounts (340)
- VAT (277)
- GST (145)
- Excise (106)
- Finance (105)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (18)
- Income Tax Software (5)
- Cost Inflation Index (1)
Recent
- GST Notice Received: How Should a Taxpayer Respond?
- CA vs CMA: Which is better?
- Can a Chartered Accountant Sign Estimated Financial Statements?
- Want to assist in Forensic Audit
- Revising 3CA 3CD to 3CB 3CD
- LFAR in Bank Branch Audit - Clause-by-Clause Discussion by CA Vivek Khurana Notes required
- Bank Branch Audit
- Got high refund
- Form 67
- GSTR9
- Partner of CA firm required
- RENEWAL OF REGISTRATION
- financial statements
- income Tax
- ITR Filing
- Property Attachement
- Liability of Independent and Non-executive director
- financial statements
- stock statement procedure for bank od loan
- ITR FILING OF ARMY UNIT
- signing of Project report
- NON CORPORATE BALANCE SHEET FORMAT
- CA FINAL
- Accounting Treatment of Mutual Fund under IndAS
- ITC Availed & Utilized on Supply from Non-Existent Firms
- GST Liability of Award received by a Company
- Reund of TDS Excess Deposited
- Income Tax TDS
- gst
- Reconstitution of partnership firm in case of death of partner and introduction of new partner
- Consolidattion of financial statemement
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- NR GST NUMBER
- Presumptive Income
- tax audit late filing penality provision applicable f.y.23-24
- Interest in outstanding demand
- sale turnover declared as per books or AIS show in itr f.y.23-24
- GST
- tax audit or normal itr filed f.y. 23-24
- PF Withdrawal and ITR
Q. > Please Help: What is the treatment under head PGBP?
What is the treatment of provision for warranty, provision for gratuity and excise duty under the head PGBP?
answered Apr 30, 2012 by Rishabh Upadhyay , Chandigarh
Provisions are not allowed as deduction under PGBP, excise duty paid actually is allowed as deduction
answered Apr 30, 2012 by Madhu Kiran , Hyderabad
Excise Duty will be allowed under PGBP amd provisions will not be allowed........
answered Apr 30, 2012 by Vikash Kumar Jha , Cuttack
I am completely Agree with them.
answered Jul 01, 2012 by Rambabu Senkarasetti , Guntur
excise duty will be allowed under PGBP
Experts Panelist
Comments
riddhi
03-May-2012 , 11:27:48 amBut what I heard is that provision for warranty , though contingent is allowed as deduction on the basis of past experience. Whether it is correct?
Rambabu Senkarasetti
01-Jul-2012 , 04:34:14 pmexcise duty will be allowed under PGBP