https://www.taxtmi.com/caselaws?id=8857 The commentary examines whether a provision for gratuity can be treated as a reserve under rule 1 of the Second Schedule to the Super Profits Tax Act, 1963, and whether an excess provision for taxation of Rs. 6,150 forms part of reserve under the same rule. It focuses on the legal characterisation of amounts set apart in accounts and their treatment for super profits tax purposes, but the supplied text does not state the final conclusion. The analysis begins with Issue (i) on gratuity provision and the meaning of "reserve" in the statutory scheme. en-us Fri, 04 May 1973 00:00:00 +0530 Tue, 16 Jun 2009 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8857 The commentary examines whether a provision for gratuity can be treated as a reserve under rule 1 of the Second Schedule to the Super Profits Tax Act, 1963, and whether an excess provision for taxation of Rs. 6,150 forms part of reserve under the same rule. It focuses on the legal characterisation of amounts set apart in accounts and their treatment for super profits tax purposes, but the supplied text does not state the final conclusion. The analysis begins with Issue (i) on gratuity provision and the meaning of "reserve" in the statutory scheme. Case-Laws Income Tax Fri, 04 May 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8857