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2019 (7) TMI 78 - ITAT VISAKHAPATNAMContribution paid to the LIC of India towards group gratuity - AO held that no deduction is allowable for contribution made to an unapproved fund - payment made to LIC of India is not a provision but it is actual expenditure claimed under the gratuity contribution - HELD THAT:- The very same issue came up before the Tribunal for the Assessment Years 2007-08 & 2008-09 in assessee’s own case [2018 (4) TMI 553 - ITAT VISAKHAPATNAM] wherein the Tribunal has held that the group gratuity premium paid to the LIC of India is allowable and accordingly allowed the assessee’s appeals.
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