https://www.taxtmi.com/caselaws?id=22969 Interest charged under the Income-tax Act is appealable only where the assessee disputes the underlying liability to interest or the determination of advance tax liability; a challenge confined to the quantum of interest is not maintainable. On that principle, the matter required reconsideration because the appellate orders had not applied the correct legal test. The document also notes that deductions for provision for gratuity on scientific or actuarial valuation, and weighted deduction for export market development expenses incurred in India, were governed by binding precedent and were allowed in favour of the assessee. en-us Fri, 22 Feb 1991 00:00:00 +0530 Tue, 15 Dec 2009 16:14:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22969 Interest charged under the Income-tax Act is appealable only where the assessee disputes the underlying liability to interest or the determination of advance tax liability; a challenge confined to the quantum of interest is not maintainable. On that principle, the matter required reconsideration because the appellate orders had not applied the correct legal test. The document also notes that deductions for provision for gratuity on scientific or actuarial valuation, and weighted deduction for export market development expenses incurred in India, were governed by binding precedent and were allowed in favour of the assessee. Case-Laws Income Tax Fri, 22 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22969