https://www.taxtmi.com/caselaws?id=759709 ITAT DELHI - AT held that disallowance of contribution to the Employees Group Gratuity Scheme was unsustainable where only the company name had changed and statutory approvals granted to the erstwhile entity vested automatically in the renamed assessee; the AO's reason that the fund was unapproved was without basis, so the contribution is deductible. On transfer-pricing, the Tribunal disallowed the AO's adjustment for interest on outstanding receivables from AEs, finding the assessee's margins far exceed comparables and relying on precedent and statutory interpretation; ground no.2 was allowed. en-us Wed, 25 Sep 2024 00:00:00 +0530 Fri, 19 Sep 2025 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759709 ITAT DELHI - AT held that disallowance of contribution to the Employees Group Gratuity Scheme was unsustainable where only the company name had changed and statutory approvals granted to the erstwhile entity vested automatically in the renamed assessee; the AO's reason that the fund was unapproved was without basis, so the contribution is deductible. On transfer-pricing, the Tribunal disallowed the AO's adjustment for interest on outstanding receivables from AEs, finding the assessee's margins far exceed comparables and relying on precedent and statutory interpretation; ground no.2 was allowed. Case-Laws Income Tax Wed, 25 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759709