https://www.taxtmi.com/caselaws?id=19069 The court ruled against the assessee, denying the admissibility of the provision for gratuity as a deduction under section 37 of the Income-tax Act, 1961. The court emphasized the overriding effect of section 40A(7) and restricted deductions under other sections of the Act, following the Supreme Court's decision in Shree Sajjan Mills Ltd. v. CIT. Consequently, the court favored the Revenue, holding that the provision for gratuity could not be claimed as a deduction under section 37, based on the legal position established by the Supreme Court's interpretation of section 40A. en-us Sun, 03 Feb 1985 00:00:00 +0530 Tue, 03 Nov 2009 17:10:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19069 The court ruled against the assessee, denying the admissibility of the provision for gratuity as a deduction under section 37 of the Income-tax Act, 1961. The court emphasized the overriding effect of section 40A(7) and restricted deductions under other sections of the Act, following the Supreme Court's decision in Shree Sajjan Mills Ltd. v. CIT. Consequently, the court favored the Revenue, holding that the provision for gratuity could not be claimed as a deduction under section 37, based on the legal position established by the Supreme Court's interpretation of section 40A. Case-Laws Income Tax Sun, 03 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19069