https://www.taxtmi.com/caselaws?id=15550 The court ruled in favor of the Revenue, upholding the Commissioner's decision to disallow the deduction claimed by the assessee for the provision made towards gratuity payment. The court held that section 40A(7)(a) of the Income-tax Act disallows deduction for gratuity provision, and the assessee failed to meet the requirements for exemption under section 40A(7)(b)(i) as no approved gratuity fund was created, and the provision made was not for payment towards an approved fund or for gratuity due in the previous year. The court's decision was supported by a previous ruling of the Kerala High Court. en-us Fri, 12 Feb 1999 00:00:00 +0530 Tue, 25 Aug 2009 18:37:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15550 The court ruled in favor of the Revenue, upholding the Commissioner's decision to disallow the deduction claimed by the assessee for the provision made towards gratuity payment. The court held that section 40A(7)(a) of the Income-tax Act disallows deduction for gratuity provision, and the assessee failed to meet the requirements for exemption under section 40A(7)(b)(i) as no approved gratuity fund was created, and the provision made was not for payment towards an approved fund or for gratuity due in the previous year. The court's decision was supported by a previous ruling of the Kerala High Court. Case-Laws Income Tax Fri, 12 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15550