https://www.taxtmi.com/caselaws?id=55831 The appeal addressed three issues: 1) Disallowance of expenses for issuing bonus shares, where the Tribunal allowed Rs. 7,127 as deductible business expenditure. 2) Disallowance of a provision for gratuity, with the Tribunal directing the allowance of Rs. 10,79,935 based on actuarial report. 3) Denial of relief under section 80G for a donation, resolved by the assessee obtaining the necessary exemption certificate and the claim not being pressed. The appeal was partly allowed, instructing the ITO to adjust based on the documentation provided. en-us Wed, 26 Nov 1980 00:00:00 +0530 Tue, 30 Nov 2010 13:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55831 The appeal addressed three issues: 1) Disallowance of expenses for issuing bonus shares, where the Tribunal allowed Rs. 7,127 as deductible business expenditure. 2) Disallowance of a provision for gratuity, with the Tribunal directing the allowance of Rs. 10,79,935 based on actuarial report. 3) Denial of relief under section 80G for a donation, resolved by the assessee obtaining the necessary exemption certificate and the claim not being pressed. The appeal was partly allowed, instructing the ITO to adjust based on the documentation provided. Case-Laws Income Tax Wed, 26 Nov 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55831