https://www.taxtmi.com/caselaws?id=23401 Deduction under section 40A(7)(b)(ii) for gratuity-related liability was rejected because the Tribunal's reliance on incremental liability was not relevant to the statutory condition. The amount claimed did not exceed 8-1/3% of each employee's salary, but that factor did not alter the legal position. The earlier binding decision on the point governed the issue, so the assessee was held not entitled to the deduction and the reference was answered in favour of the Revenue. en-us Mon, 13 Mar 1989 00:00:00 +0530 Sat, 19 Dec 2009 10:22:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23401 Deduction under section 40A(7)(b)(ii) for gratuity-related liability was rejected because the Tribunal's reliance on incremental liability was not relevant to the statutory condition. The amount claimed did not exceed 8-1/3% of each employee's salary, but that factor did not alter the legal position. The earlier binding decision on the point governed the issue, so the assessee was held not entitled to the deduction and the reference was answered in favour of the Revenue. Case-Laws Income Tax Mon, 13 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23401