https://www.taxtmi.com/caselaws?id=5655 A provision for gratuity liability under the Kerala Industrial Employees' Payment of Gratuity Act, 1970 was treated as allowable in computing income-tax deduction, and the liability could include employees' completed past service before the relevant accounting year. The fact that the gratuity law came into force during that year did not bar consideration of prior service when quantifying the deductible provision. The deduction remained subject to accurate determination of the amount before allowance, and the questions were answered in favour of the assessee and against the Revenue. en-us Wed, 25 Jan 1995 00:00:00 +0530 Thu, 27 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5655 A provision for gratuity liability under the Kerala Industrial Employees' Payment of Gratuity Act, 1970 was treated as allowable in computing income-tax deduction, and the liability could include employees' completed past service before the relevant accounting year. The fact that the gratuity law came into force during that year did not bar consideration of prior service when quantifying the deductible provision. The deduction remained subject to accurate determination of the amount before allowance, and the questions were answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Wed, 25 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5655