https://www.taxtmi.com/caselaws?id=287569 The Tribunal allowed the assessee's appeal regarding the disallowance of gratuity payment under section 36(1)(v) of the Act. The Tribunal held that the contribution made to LIC for gratuity was allowable as the fund was created exclusively for employees' benefit. The Assessing Officer was directed to allow the deduction due to the consistency in previous assessments. en-us Fri, 19 Apr 2013 00:00:00 +0530 Mon, 20 Apr 2020 11:59:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287569 The Tribunal allowed the assessee's appeal regarding the disallowance of gratuity payment under section 36(1)(v) of the Act. The Tribunal held that the contribution made to LIC for gratuity was allowable as the fund was created exclusively for employees' benefit. The Assessing Officer was directed to allow the deduction due to the consistency in previous assessments. Case-Laws Income Tax Fri, 19 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287569