Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2003 (10) TMI 16 - HC - Income Tax
"Whether, on an interpretation of section 43B read with section 36(1)(va) the Tribunal is right in law in holding- (i) the second proviso imposes the condition of payment before the due date only in respect of any sum received by an assessee from his employees to which the provisions of section 2(24)(x) apply, (ii) the assessee is entitled to deduct the sum of Rs. 32,900 being the contribution to group gratuity scheme made on January 18, 1991 ?" - We are of the view that the questions referred by the Tribunal are to be answered in favour of the Revenue and against the assessee.