1999 (4) TMI 37

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...., from 1st Aug., 1970, to 6th Sept., 1988. He, however, became an executive director of the company from 7th Sept., 1988. It seems that he received gratuity and leave encashment and for that he claimed deduction of Rs. 93,780 under cls. (10A) and (10AA) of s. 10 of the IT Act, 1961. His claim was negatived by the AO to scrutinise the claim of deduction per law and allow the same in the computation....