https://www.taxtmi.com/caselaws?id=247668 The High Court dismissed the department's appeal, upholding the Tribunal's decision in favor of the assessee on both substantial questions of law. The judgment emphasized the allowability of the expenditure under the unapproved gratuity scheme and the lack of valid grounds for re-opening the assessment, ultimately ruling in favor of the assessee. en-us Fri, 16 May 2014 00:00:00 +0530 Mon, 19 May 2014 08:16:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247668 The High Court dismissed the department's appeal, upholding the Tribunal's decision in favor of the assessee on both substantial questions of law. The judgment emphasized the allowability of the expenditure under the unapproved gratuity scheme and the lack of valid grounds for re-opening the assessment, ultimately ruling in favor of the assessee. Case-Laws Income Tax Fri, 16 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247668