https://www.taxtmi.com/caselaws?id=10423 The court held that the assessee was not entitled to claim a deduction for the provision made for gratuity as the gratuity fund was not approved by the Commissioner of Income-tax (CIT) until after the relevant assessment year. The court ruled in favor of the Revenue, concluding that the Tribunal erred in allowing the deduction and emphasizing the importance of an approved gratuity fund for claiming such deductions under the Income-tax Act, 1961. en-us Mon, 13 Dec 2004 00:00:00 +0530 Wed, 15 Jul 2009 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10423 The court held that the assessee was not entitled to claim a deduction for the provision made for gratuity as the gratuity fund was not approved by the Commissioner of Income-tax (CIT) until after the relevant assessment year. The court ruled in favor of the Revenue, concluding that the Tribunal erred in allowing the deduction and emphasizing the importance of an approved gratuity fund for claiming such deductions under the Income-tax Act, 1961. Case-Laws Income Tax Mon, 13 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10423