https://www.taxtmi.com/caselaws?id=289342 The Tribunal ruled in favor of the assessee, dismissing the Revenue's appeal and upholding the CIT(A)'s order to delete the disallowance of the provision for approved gratuity funds. The decision emphasized that section 40A(7) takes precedence over section 43B, aligning with previous judgments and the specific provisions of the Act. en-us Fri, 12 Jun 2015 00:00:00 +0530 Thu, 14 Nov 2024 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289342 The Tribunal ruled in favor of the assessee, dismissing the Revenue's appeal and upholding the CIT(A)'s order to delete the disallowance of the provision for approved gratuity funds. The decision emphasized that section 40A(7) takes precedence over section 43B, aligning with previous judgments and the specific provisions of the Act. Case-Laws Income Tax Fri, 12 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289342