https://www.taxtmi.com/caselaws?id=9793 The court dismissed the appeal challenging the disallowance of deductions for contributions made to unapproved gratuity and superannuation funds. The appellant's arguments invoking sections 36 and 37 of the Income-tax Act, 1961 were rejected. The court emphasized that deductions for contributions to recognized funds are permissible only if the funds are approved. Since the funds in question were not approved, the deductions were deemed inadmissible under section 36. Additionally, the court ruled that deductions under section 37 for business expenditures do not apply to contributions falling under sections 30 to 36. The appeal was dismissed, affirming the disallowance of deductions. en-us Fri, 02 Jun 2006 00:00:00 +0530 Wed, 01 Jul 2009 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9793 The court dismissed the appeal challenging the disallowance of deductions for contributions made to unapproved gratuity and superannuation funds. The appellant's arguments invoking sections 36 and 37 of the Income-tax Act, 1961 were rejected. The court emphasized that deductions for contributions to recognized funds are permissible only if the funds are approved. Since the funds in question were not approved, the deductions were deemed inadmissible under section 36. Additionally, the court ruled that deductions under section 37 for business expenditures do not apply to contributions falling under sections 30 to 36. The appeal was dismissed, affirming the disallowance of deductions. Case-Laws Income Tax Fri, 02 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9793