2015 (7) TMI 1413

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....For the Respondent : Sh. Saroj Kumar Parida, Advocate. ORDER PER N.R.S. GANESAN, JUDICIAL MEMBER: These appeals of the Revenue are directed against the respective orders passed by the Commissioner of Income Tax (Appeals)-III, Chennai, for the assessment years 2005-06 and 2008- 09. Since common issue arises for consideration in both these appeals, we heard these appeals together and disposing ....

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....be allowed under Section 43B of the Act. 4. On the contrary, Sh. Saroj Kumar Parida, the Ld. counsel for the assessee, submitted that under Section 40A(7)(b) of the Act, a provision made for payment of Gratuity, an approved fund is an allowable expenditure, while computing taxable income. A similar view was taken by this Tribunal in I.T.A. No.1551/Mds/2014 dated 12.12.2014. This Tribunal has also....