https://www.taxtmi.com/caselaws?id=27962 Under the mercantile system, gratuity deduction is limited to liability that accrued in the relevant accounting year, so amounts relatable to earlier years' service were not deductible for assessment year 1972-73. A voluntary gratuity scheme could not override the statutory restriction or create retrospective deductibility where the liability had not arisen in the year of account. The Revenue was also not precluded by the earlier remand order from contesting allowability, because the legal issue remained open and there can be no estoppel against a statutory provision. en-us Mon, 18 Jun 1984 00:00:00 +0530 Wed, 17 Feb 2010 11:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27962 Under the mercantile system, gratuity deduction is limited to liability that accrued in the relevant accounting year, so amounts relatable to earlier years' service were not deductible for assessment year 1972-73. A voluntary gratuity scheme could not override the statutory restriction or create retrospective deductibility where the liability had not arisen in the year of account. The Revenue was also not precluded by the earlier remand order from contesting allowability, because the legal issue remained open and there can be no estoppel against a statutory provision. Case-Laws Income Tax Mon, 18 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27962