https://www.taxtmi.com/caselaws?id=69719 Deductibility of a gratuity provision was upheld in principle where the fund was treated as an approved gratuity fund under an irrevocable trust and the approval requirements were substantially met; the remaining statutory conditions were left for verification by the assessing authority. Expenditure on the maintained apartment was also held allowable because the premises were primarily used by employees, with only incidental charged use by persons connected to associate concerns, so it was not treated as guest house expenditure and the section 37(4) prohibition did not apply. en-us Thu, 21 Dec 1978 00:00:00 +0530 Mon, 11 Apr 2011 17:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69719 Deductibility of a gratuity provision was upheld in principle where the fund was treated as an approved gratuity fund under an irrevocable trust and the approval requirements were substantially met; the remaining statutory conditions were left for verification by the assessing authority. Expenditure on the maintained apartment was also held allowable because the premises were primarily used by employees, with only incidental charged use by persons connected to associate concerns, so it was not treated as guest house expenditure and the section 37(4) prohibition did not apply. Case-Laws Income Tax Thu, 21 Dec 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69719