https://www.taxtmi.com/caselaws?id=27939 The court held that the liability under the gratuity scheme arises when the scheme is operated, allowing for the calculation of the liability at a later date. The disallowed amount of Rs. 1,55,997 was deemed a liability for the relevant year and should be deductible. The court ruled in favor of the assessee, directing the accrued liability from previous years to be allowed in the current year. Each party was responsible for their own costs. en-us Tue, 29 May 1984 00:00:00 +0530 Wed, 17 Feb 2010 10:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27939 The court held that the liability under the gratuity scheme arises when the scheme is operated, allowing for the calculation of the liability at a later date. The disallowed amount of Rs. 1,55,997 was deemed a liability for the relevant year and should be deductible. The court ruled in favor of the assessee, directing the accrued liability from previous years to be allowed in the current year. Each party was responsible for their own costs. Case-Laws Income Tax Tue, 29 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27939