https://www.taxtmi.com/caselaws?id=260825 The Tribunal partly allowed the Revenue's appeal, holding provisions for leave encashment as ascertained liabilities but remanding the issue of gratuity for fresh adjudication based on actuarial valuation. The decision emphasized the importance of clarity in actuarial reports for accurate book profit calculation under section 115JB of the Income Tax Act, 1961. en-us Fri, 20 Feb 2015 00:00:00 +0530 Thu, 05 Mar 2015 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260825 The Tribunal partly allowed the Revenue's appeal, holding provisions for leave encashment as ascertained liabilities but remanding the issue of gratuity for fresh adjudication based on actuarial valuation. The decision emphasized the importance of clarity in actuarial reports for accurate book profit calculation under section 115JB of the Income Tax Act, 1961. Case-Laws Income Tax Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260825