https://www.taxtmi.com/caselaws?id=60567 The ITAT CALCUTTA-D upheld the decision disallowing the deduction claimed by the assessee for the assessment year 1976-77 regarding a contribution towards an approved gratuity fund. The Tribunal ruled that without the existence of an approved gratuity fund during the relevant accounting year, the provision made by the assessee for gratuity could not be considered valid for deduction purposes. The Tribunal referred to the Supreme Court's judgment and held that the deduction was not permissible in this case. The appeal was partially allowed on other grounds unrelated to the disallowed contribution towards the approved gratuity fund. en-us Mon, 16 May 1988 00:00:00 +0530 Wed, 05 Jan 2011 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60567 The ITAT CALCUTTA-D upheld the decision disallowing the deduction claimed by the assessee for the assessment year 1976-77 regarding a contribution towards an approved gratuity fund. The Tribunal ruled that without the existence of an approved gratuity fund during the relevant accounting year, the provision made by the assessee for gratuity could not be considered valid for deduction purposes. The Tribunal referred to the Supreme Court's judgment and held that the deduction was not permissible in this case. The appeal was partially allowed on other grounds unrelated to the disallowed contribution towards the approved gratuity fund. Case-Laws Income Tax Mon, 16 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60567