https://www.taxtmi.com/caselaws?id=27224 Statutory gratuity liability under the mercantile system is deductible only in the year in which it first accrues, and a provision made for that liability may qualify as a business deduction when properly quantified. The article also notes that earlier-year gratuity claims cannot be shifted into a later assessment year, and an assessment enhancement based on treating a permitted gratuity allowance as wrongly granted was unsustainable on that footing. A remand for reconsideration of earlier-year deduction claims was held unwarranted because completion of the qualifying period did not alter the year of accrual. en-us Fri, 06 Jul 1984 00:00:00 +0530 Thu, 11 Feb 2010 15:55:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27224 Statutory gratuity liability under the mercantile system is deductible only in the year in which it first accrues, and a provision made for that liability may qualify as a business deduction when properly quantified. The article also notes that earlier-year gratuity claims cannot be shifted into a later assessment year, and an assessment enhancement based on treating a permitted gratuity allowance as wrongly granted was unsustainable on that footing. A remand for reconsideration of earlier-year deduction claims was held unwarranted because completion of the qualifying period did not alter the year of accrual. Case-Laws Income Tax Fri, 06 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27224