https://www.taxtmi.com/caselaws?id=191778 The High Court ruled in favor of the assessee regarding the deductibility of bonus paid to agricultural staff and workers for assessment years 1962-63 to 1966-67. The court allowed the bonus deduction, considering the assessee's status as an industry owner. However, the court denied the deduction for provident fund contribution and gratuity without clear evidence of industry ownership. The court also dismissed the challenge on the apportionment of gratuity to the head office staff, citing lack of merit and consistency in the department's arguments. en-us Wed, 04 Oct 1989 00:00:00 +0530 Fri, 21 Apr 2017 10:07:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191778 The High Court ruled in favor of the assessee regarding the deductibility of bonus paid to agricultural staff and workers for assessment years 1962-63 to 1966-67. The court allowed the bonus deduction, considering the assessee's status as an industry owner. However, the court denied the deduction for provident fund contribution and gratuity without clear evidence of industry ownership. The court also dismissed the challenge on the apportionment of gratuity to the head office staff, citing lack of merit and consistency in the department's arguments. Case-Laws Income Tax Wed, 04 Oct 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191778