https://www.taxtmi.com/caselaws?id=14896 Payment to the flag day fund was treated as an allowable deduction because earlier precedent supported deduction and the Tribunal was wrong to disallow it. Contribution to the provident fund was also deductible, since the fund was established under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952, and recognition by the Commissioner, effective from 1 April 1977, covered the relevant assessment year. Prior recognition was therefore not fatal to the claim. The reference was answered in favour of the assessee, and the Revenue's challenge failed. en-us Tue, 28 Mar 2000 00:00:00 +0530 Mon, 27 Jul 2009 10:23:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14896 Payment to the flag day fund was treated as an allowable deduction because earlier precedent supported deduction and the Tribunal was wrong to disallow it. Contribution to the provident fund was also deductible, since the fund was established under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952, and recognition by the Commissioner, effective from 1 April 1977, covered the relevant assessment year. Prior recognition was therefore not fatal to the claim. The reference was answered in favour of the assessee, and the Revenue's challenge failed. Case-Laws Income Tax Tue, 28 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14896