https://www.taxtmi.com/caselaws?id=781947 ITAT held that the gain on actuarial valuation of gratuity liability routed through Other Comprehensive Income, being below the line of net profit before tax and not impacting the P&L account, cannot be subjected to addition under s.143(1)(a). Since deduction for gratuity is allowed only on payment basis, actuarial fluctuations not routed through P&L do not affect taxable income, and the addition was deleted. ITAT further directed the AO to recompute interest under s.244A up to the actual date of refund payment, following relevant HC precedents. en-us Thu, 20 Nov 2025 00:00:00 +0530 Sat, 22 Nov 2025 07:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781947 ITAT held that the gain on actuarial valuation of gratuity liability routed through Other Comprehensive Income, being below the line of net profit before tax and not impacting the P&L account, cannot be subjected to addition under s.143(1)(a). Since deduction for gratuity is allowed only on payment basis, actuarial fluctuations not routed through P&L do not affect taxable income, and the addition was deleted. ITAT further directed the AO to recompute interest under s.244A up to the actual date of refund payment, following relevant HC precedents. Case-Laws Income Tax Thu, 20 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781947