https://www.taxtmi.com/caselaws?id=35178 The case involved determining the nature of expenditure for repairs to a factory building, cessation of liability for gratuity payment, and deduction of bonus. The High Court ruled in favor of the assessee on all three issues. The expenditure for repairs was considered revenue expenditure, the liability for gratuity payment was upheld, and the deduction of bonus on actual payment and accrual basis was allowed. The judgments were delivered by Hon'ble Prakash Krishna and Hon'ble Subhash Chandra Nigam. en-us Wed, 16 Dec 2009 00:00:00 +0530 Sat, 16 Jan 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35178 The case involved determining the nature of expenditure for repairs to a factory building, cessation of liability for gratuity payment, and deduction of bonus. The High Court ruled in favor of the assessee on all three issues. The expenditure for repairs was considered revenue expenditure, the liability for gratuity payment was upheld, and the deduction of bonus on actual payment and accrual basis was allowed. The judgments were delivered by Hon'ble Prakash Krishna and Hon'ble Subhash Chandra Nigam. Case-Laws Income Tax Wed, 16 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35178