https://www.taxtmi.com/caselaws?id=63356 The court approved a non-contributory group gratuity-cum-life assurance scheme established by the assessee for employees. The deduction for contributions to the fund was initially disallowed but later partially allowed by the Commissioner (Appeals). The Tribunal confirmed that the payment was made to the fund, not directly to the LIC, meeting the conditions for deductions under section 36(1)(v). The judgment clarified the approval process and eligibility for deductions under the Income-tax Act, 1961, ultimately dismissing the revenue's appeal. en-us Wed, 13 Oct 1982 00:00:00 +0530 Sat, 29 Jan 2011 15:28:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63356 The court approved a non-contributory group gratuity-cum-life assurance scheme established by the assessee for employees. The deduction for contributions to the fund was initially disallowed but later partially allowed by the Commissioner (Appeals). The Tribunal confirmed that the payment was made to the fund, not directly to the LIC, meeting the conditions for deductions under section 36(1)(v). The judgment clarified the approval process and eligibility for deductions under the Income-tax Act, 1961, ultimately dismissing the revenue's appeal. Case-Laws Income Tax Wed, 13 Oct 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63356