IT head approval is not as much important than HR approval for full and Final. Yes or NO Pease reply
From India, Ahmadabad
2From India, Ahmadabad
Dear Saxena,
I am not able to understand why this question arises when whatever pay-outs have to be done through the Accounts/Finance department of an organization. It is the duty of the Accounts department to ensure TDS is effected in payments exceeding the limits under the Income Tax Law. Of course, the Accounts personnel may not be aware of the terminal benefits like gratuity exempted from income tax up to the statutory limit and here comes the effective co-ordination between the HR and Accounts personnel. Therefore, no question of comparative degrees of importance of approval in the matter of full and final settlement of employees.
From India, Salem
I am not able to understand why this question arises when whatever pay-outs have to be done through the Accounts/Finance department of an organization. It is the duty of the Accounts department to ensure TDS is effected in payments exceeding the limits under the Income Tax Law. Of course, the Accounts personnel may not be aware of the terminal benefits like gratuity exempted from income tax up to the statutory limit and here comes the effective co-ordination between the HR and Accounts personnel. Therefore, no question of comparative degrees of importance of approval in the matter of full and final settlement of employees.
From India, Salem
It depends upon the management of the organisation, to the best of my view both department head approval is equally important for No Due clearance then it goes to Accounts for Full & Final reimbursement/payment
From India, Ahmadabad
From India, Ahmadabad
Dear Ankur Saxena,
Both clearance important for any full & final settlement. IT Department gives clearance for IT products provided to staff and HR do his clearance before accounts and finally payment made through accounts department. If you think IT clearance is not important then remove the department and do IT department work also.
Regards,
Dheeraj Chaubey
+977-9819764549
HR
From India, Pune
Both clearance important for any full & final settlement. IT Department gives clearance for IT products provided to staff and HR do his clearance before accounts and finally payment made through accounts department. If you think IT clearance is not important then remove the department and do IT department work also.
Regards,
Dheeraj Chaubey
+977-9819764549
HR
From India, Pune
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