https://www.taxtmi.com/caselaws?id=26185 The court ruled in favor of the assessee on all issues, allowing deductions for gratuity fund payment, provident fund contribution, interest on provident fund, and bad debt claim under sections 28 and 37 of the Income-tax Act, 1961. The decisions were based on commercial expediency, business profit considerations, and past precedents. The reference was disposed of in favor of the assessee with no costs awarded. en-us Thu, 03 Oct 1985 00:00:00 +0530 Wed, 03 Feb 2010 13:18:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26185 The court ruled in favor of the assessee on all issues, allowing deductions for gratuity fund payment, provident fund contribution, interest on provident fund, and bad debt claim under sections 28 and 37 of the Income-tax Act, 1961. The decisions were based on commercial expediency, business profit considerations, and past precedents. The reference was disposed of in favor of the assessee with no costs awarded. Case-Laws Income Tax Thu, 03 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26185