https://www.taxtmi.com/caselaws?id=325135 The Tribunal condoned the delay in filing cross objections, allowing them in support of the Commissioner of Income Tax (Appeals) order. Regarding the provision for gratuity and bonus, the Tribunal upheld the deductions, disagreeing with the Revenue's additions to book profit. The treatment of an insurance claim was also upheld, with the Tribunal supporting the apportionment based on actual losses. The Revenue's appeals were dismissed, affirming the Commissioner's decisions. The order was pronounced on 29th January 2016. en-us Fri, 29 Jan 2016 00:00:00 +0530 Fri, 11 Mar 2016 11:06:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325135 The Tribunal condoned the delay in filing cross objections, allowing them in support of the Commissioner of Income Tax (Appeals) order. Regarding the provision for gratuity and bonus, the Tribunal upheld the deductions, disagreeing with the Revenue's additions to book profit. The treatment of an insurance claim was also upheld, with the Tribunal supporting the apportionment based on actual losses. The Revenue's appeals were dismissed, affirming the Commissioner's decisions. The order was pronounced on 29th January 2016. Case-Laws Income Tax Fri, 29 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325135