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1988 (12) TMI 24 - BOMBAY HIGH COURTExtract: .......v. CIT 1984 150 ITR 484, the question is required to be answered thus The Appellate Tribunal shall determine the excess, if any, over the known or determinate liability of the assessee in respect of the gratuity and such excess only will be treated as reserve for the purpose of capital computation. The question is so answered. No order as to costs.
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