https://www.taxtmi.com/caselaws?id=38659 A reference concerning deduction of gratuity and bonus arrears could not be answered because the Tribunal had not recorded clear reasons for the payments or examined their nexus with the business. The absence of findings on whether the expenditure related to the future conduct of the assessee's business or was justified on grounds of commercial expediency made the reference incomplete. The matter was therefore remitted to the Tribunal for rehearing and for fresh disposal after consideration of the relevant material. en-us Wed, 17 Sep 1975 00:00:00 +0530 Thu, 08 Apr 2010 10:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38659 A reference concerning deduction of gratuity and bonus arrears could not be answered because the Tribunal had not recorded clear reasons for the payments or examined their nexus with the business. The absence of findings on whether the expenditure related to the future conduct of the assessee's business or was justified on grounds of commercial expediency made the reference incomplete. The matter was therefore remitted to the Tribunal for rehearing and for fresh disposal after consideration of the relevant material. Case-Laws Income Tax Wed, 17 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38659