https://www.taxtmi.com/caselaws?id=27334 The court dismissed the tax case petition, affirming the Tribunal's decision that the deduction for an accrued liability towards an approved gratuity fund was not allowable under section 40(A)(7) as no provision for contribution was made in the accounts. The court emphasized the requirement to make provisions for liabilities in a timely manner and adhere to the specific provisions of the Income Tax Act to claim deductions related to gratuity funds. en-us Mon, 12 Dec 1983 00:00:00 +0530 Fri, 12 Feb 2010 11:57:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27334 The court dismissed the tax case petition, affirming the Tribunal's decision that the deduction for an accrued liability towards an approved gratuity fund was not allowable under section 40(A)(7) as no provision for contribution was made in the accounts. The court emphasized the requirement to make provisions for liabilities in a timely manner and adhere to the specific provisions of the Income Tax Act to claim deductions related to gratuity funds. Case-Laws Income Tax Mon, 12 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27334