Approved gratuity funds - exemption u/s 10(25)

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....Income - Tax Act, 1961 It is stated that it is only by an amendment made by Finance Act, 1973 in section 10(25) that income of approved Gratuity Funds has been granted exemption with effect from 1st ....

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.... This was not in conformity with the Law as it then stood. 2. Board desires that all the case of gratuity funds may be reviewed upto assessment year 1972-73 with a view to find out whether in cases o....