https://www.taxtmi.com/caselaws?id=466505 Entitlement to exemption under Section 10(25)(iv) turns on approval of the gratuity fund and ordinarily requires proof of that approval; absence of the approval certificate and prolonged inaction by the competent authority amount to an administrative lapse. The matter is remitted to the assessing officer to obtain verification from the competent authority, afford the assessee an opportunity to produce evidence and be heard, and then decide the exemption claim in accordance with law. en-us Thu, 27 Feb 2025 00:00:00 +0530 Tue, 10 Feb 2026 19:01:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466505 Entitlement to exemption under Section 10(25)(iv) turns on approval of the gratuity fund and ordinarily requires proof of that approval; absence of the approval certificate and prolonged inaction by the competent authority amount to an administrative lapse. The matter is remitted to the assessing officer to obtain verification from the competent authority, afford the assessee an opportunity to produce evidence and be heard, and then decide the exemption claim in accordance with law. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466505