https://www.taxtmi.com/caselaws?id=375732 The ITAT allowed the assessee's appeal, reversing the disallowance of provisions for gratuity, leave salary, bonus, and medical aid for retired staff. The ITAT held that the provisions for gratuity were allowable deductions under Section 43B of the I.T. Act, as long as the payment was made before the due date for filing the return of income. The decision was supported by relevant case laws, including precedents that allowed for such provisions to be deducted even if not actually paid during the year. en-us Wed, 06 Feb 2019 00:00:00 +0530 Wed, 20 Mar 2019 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375732 The ITAT allowed the assessee's appeal, reversing the disallowance of provisions for gratuity, leave salary, bonus, and medical aid for retired staff. The ITAT held that the provisions for gratuity were allowable deductions under Section 43B of the I.T. Act, as long as the payment was made before the due date for filing the return of income. The decision was supported by relevant case laws, including precedents that allowed for such provisions to be deducted even if not actually paid during the year. Case-Laws Income Tax Wed, 06 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375732