https://www.taxtmi.com/caselaws?id=28158 Section 40A(7) governs deduction of gratuity liabilities and overrides the general deduction rules; an actuarial estimate of future gratuity without satisfying that provision, and without the required accounting provision, is not allowable. The assessee therefore could not claim the deduction. On interest under section 215, a bare direction to "charge interest, if leviable" does not show a proper exercise of discretion or a clear decision on leviability, so the assessee could raise the issue in quantum appeal and obtain fresh consideration on merits. en-us Wed, 09 Mar 1983 00:00:00 +0530 Fri, 19 Feb 2010 13:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28158 Section 40A(7) governs deduction of gratuity liabilities and overrides the general deduction rules; an actuarial estimate of future gratuity without satisfying that provision, and without the required accounting provision, is not allowable. The assessee therefore could not claim the deduction. On interest under section 215, a bare direction to "charge interest, if leviable" does not show a proper exercise of discretion or a clear decision on leviability, so the assessee could raise the issue in quantum appeal and obtain fresh consideration on merits. Case-Laws Income Tax Wed, 09 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28158