https://www.taxtmi.com/caselaws?id=23004 The court held that the entire payment of gratuity was allowable as a deduction for the assessee, rejecting the Revenue's claim for bifurcation based on service rendered before or after a takeover. The court directed a reference for the allocation of the cost of route permits for depreciation for a specific assessment year. The court dismissed the petitions in other respects and ordered no costs to be imposed. en-us Mon, 27 Feb 1989 00:00:00 +0530 Tue, 15 Dec 2009 18:30:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23004 The court held that the entire payment of gratuity was allowable as a deduction for the assessee, rejecting the Revenue's claim for bifurcation based on service rendered before or after a takeover. The court directed a reference for the allocation of the cost of route permits for depreciation for a specific assessment year. The court dismissed the petitions in other respects and ordered no costs to be imposed. Case-Laws Income Tax Mon, 27 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23004