https://www.taxtmi.com/caselaws?id=23181 The court ruled in favor of the assessee, allowing the provision for gratuity based on actuarial valuation as a deduction in computing the total income for the assessment year 1972-73. The court held that the liability for gratuity was for the entire amount determined by actuarial valuation, not just the incremental value for that year. The decision was based on established precedents and rejected the Revenue's contention for a remand to the Tribunal. en-us Mon, 10 Apr 1989 00:00:00 +0530 Thu, 17 Dec 2009 12:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23181 The court ruled in favor of the assessee, allowing the provision for gratuity based on actuarial valuation as a deduction in computing the total income for the assessment year 1972-73. The court held that the liability for gratuity was for the entire amount determined by actuarial valuation, not just the incremental value for that year. The decision was based on established precedents and rejected the Revenue's contention for a remand to the Tribunal. Case-Laws Income Tax Mon, 10 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23181