https://www.taxtmi.com/caselaws?id=23999 After insertion of section 40A of the Income-tax Act, deduction for gratuity premium paid to LIC cannot be allowed on general principles under any other provision. An assessee seeking such relief must satisfy the conditions specifically laid down in section 40A. On that reasoning, deduction under section 36(1)(v) was held unavailable on the facts stated, and the claim was rejected. en-us Wed, 21 Jun 1989 00:00:00 +0530 Fri, 15 Jan 2010 17:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23999 After insertion of section 40A of the Income-tax Act, deduction for gratuity premium paid to LIC cannot be allowed on general principles under any other provision. An assessee seeking such relief must satisfy the conditions specifically laid down in section 40A. On that reasoning, deduction under section 36(1)(v) was held unavailable on the facts stated, and the claim was rejected. Case-Laws Income Tax Wed, 21 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23999