Cross-year correlation of assessments required to prevent duplicate tax deductions following retrospective gratuity fund approvals. After a gratuity fund was retrospectively approved and the earlier year's claim rectified under section 155(13), the ITO failed to withdraw the deduction claimed in the succeeding year on actual payment, causing the same amount to be allowed twice; the Board instructs ITOs and IAPs to correlate assessments across years and verify rectificatory orders to prevent such duplicate allowances.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cross-year correlation of assessments required to prevent duplicate tax deductions following retrospective gratuity fund approvals.
After a gratuity fund was retrospectively approved and the earlier year's claim rectified under section 155(13), the ITO failed to withdraw the deduction claimed in the succeeding year on actual payment, causing the same amount to be allowed twice; the Board instructs ITOs and IAPs to correlate assessments across years and verify rectificatory orders to prevent such duplicate allowances.
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