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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Provision for gratuity or not - Even though the assessee ...


Assessee loses gratuity provision case under Income Tax Act; Section 40A(9) upheld but Section 40A(7) implications prevail.

April 7, 2014

Case Laws     Income Tax     HC

Provision for gratuity or not - Even though the assessee succeeds on the applicability of Section 40A(9) of the Income Tax Act, the case of the assessee fails in view of Section 40A(7) - HC

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