https://www.taxtmi.com/caselaws?id=363506 The Tribunal partly allowed the assessee's grounds by directing the AO to grant a deduction for the actual payment of gratuity. The issue regarding the disallowance of contribution to the Provident Fund was remanded back to the AO for further examination. The Tribunal allowed the disallowed contribution to the Employees Pension Fund, stating it should be treated as an expenditure. The disallowance of interest paid on Members' Welfare Funds and Staff Provident Fund was also remanded back to the AO for fresh adjudication. en-us Wed, 04 Jul 2018 00:00:00 +0530 Fri, 13 Jul 2018 06:14:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363506 The Tribunal partly allowed the assessee's grounds by directing the AO to grant a deduction for the actual payment of gratuity. The issue regarding the disallowance of contribution to the Provident Fund was remanded back to the AO for further examination. The Tribunal allowed the disallowed contribution to the Employees Pension Fund, stating it should be treated as an expenditure. The disallowance of interest paid on Members' Welfare Funds and Staff Provident Fund was also remanded back to the AO for fresh adjudication. Case-Laws Income Tax Wed, 04 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363506