https://www.taxtmi.com/caselaws?id=38693 The court held that the contribution of Rs. 17,575 to the U.K. Carborundum Company Superannuation Fund by the assessee-company was not deductible under section 28 of the Income-tax Act, 1961. Despite the Tribunal allowing the deduction, the court ruled that since the contribution did not meet the criteria of an approved superannuation fund under section 36(1)(iv), it could not be deducted under section 28. The court emphasized that specific provisions prevail over general provisions and concluded against the assessee, awarding costs to the department. en-us Tue, 06 Apr 1976 00:00:00 +0530 Thu, 08 Apr 2010 13:12:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38693 The court held that the contribution of Rs. 17,575 to the U.K. Carborundum Company Superannuation Fund by the assessee-company was not deductible under section 28 of the Income-tax Act, 1961. Despite the Tribunal allowing the deduction, the court ruled that since the contribution did not meet the criteria of an approved superannuation fund under section 36(1)(iv), it could not be deducted under section 28. The court emphasized that specific provisions prevail over general provisions and concluded against the assessee, awarding costs to the department. Case-Laws Income Tax Tue, 06 Apr 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38693