https://www.taxtmi.com/caselaws?id=63988 The ITAT allowed the appeal, concluding that the addition of the provision for gratuity for the purpose of section 115J without proper examination and without hearing the assessee was without jurisdiction. The ITAT directed the Assessing Officer to rectify the adjustments, emphasizing that such adjustments could not be made under section 143(1) without due process. The ITAT determined that the provision for gratuity was an ascertained liability and deductible as a trading expense, based on relevant case law and the nature of the liability. en-us Thu, 31 Aug 1995 00:00:00 +0530 Thu, 03 Feb 2011 10:04:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63988 The ITAT allowed the appeal, concluding that the addition of the provision for gratuity for the purpose of section 115J without proper examination and without hearing the assessee was without jurisdiction. The ITAT directed the Assessing Officer to rectify the adjustments, emphasizing that such adjustments could not be made under section 143(1) without due process. The ITAT determined that the provision for gratuity was an ascertained liability and deductible as a trading expense, based on relevant case law and the nature of the liability. Case-Laws Income Tax Thu, 31 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63988