https://www.taxtmi.com/caselaws?id=49461 The Supreme Court affirmed the lower courts' decisions, ruling that the gratuity payment made by the appellant to an officer upon retirement was not deductible under section 10(2)(xv) of the Indian Income-tax Act. The Court held that the payment was voluntary, not part of a gratuity scheme, and not made to facilitate business operations. Without evidence of practices affecting salary or employee expectations, the Court dismissed the appeal, emphasizing that the payment did not meet the criteria outlined in the Act. en-us Wed, 20 Dec 1961 00:00:00 +0530 Sat, 14 Nov 2015 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49461 The Supreme Court affirmed the lower courts' decisions, ruling that the gratuity payment made by the appellant to an officer upon retirement was not deductible under section 10(2)(xv) of the Indian Income-tax Act. The Court held that the payment was voluntary, not part of a gratuity scheme, and not made to facilitate business operations. Without evidence of practices affecting salary or employee expectations, the Court dismissed the appeal, emphasizing that the payment did not meet the criteria outlined in the Act. Case-Laws Income Tax Wed, 20 Dec 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49461