https://www.taxtmi.com/caselaws?id=188590 The Court directed the Tribunal to reconsider the deductibility of expenditure on LMW spinning frame and high speed draw frames under the Income Tax Act, following the judgment in a similar case. The Court affirmed the entitlement to deduction of the employer's contribution to provident fund and family provident fund, allowing the claim even if the payment was made after the accounting year but within the grace period. en-us Tue, 12 Nov 2002 00:00:00 +0530 Wed, 07 Dec 2016 12:53:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188590 The Court directed the Tribunal to reconsider the deductibility of expenditure on LMW spinning frame and high speed draw frames under the Income Tax Act, following the judgment in a similar case. The Court affirmed the entitlement to deduction of the employer's contribution to provident fund and family provident fund, allowing the claim even if the payment was made after the accounting year but within the grace period. Case-Laws Income Tax Tue, 12 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188590