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of <h1>Supreme Court Upholds High Court Decision on Journalists' Gratuity Deduction</h1> <h3>Commissioner of Income-Tax, Madras Versus Andhra Prabha Pvt. Limited</h3> The Supreme Court upheld the High Court's decision in favor of the assessee, dismissing the appeal on the deduction of gratuity for non-working ... Whether Tribunal was right in holding that the assessee was entitled to the deduction of the estimated gratuity payable to non-working journalists if it is established that the provision for payment of gratuity is based on legal and scientific basis - case relates to the assessment year 1969-70 and is, therefore, governed by the statute as it existed before the insertion of sub-section (7) in section 40A - HC is justified in answering the question in the affirmative, in favour of the assessee The Supreme Court dismissed the appeal regarding the deduction of gratuity payable to non-working journalists, affirming the High Court's decision in favor of the assessee. The case was for the assessment year 1969-70 and was governed by the Income-tax Act, 1961. The court's decision was in line with previous legal analysis.
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