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2018 (6) TMI 151 - AT - Income TaxDisallowance of liability on account of worker's retrenchment compensation and other benefits - Held that:- The retrenchment compensation is admissible as per Labour Law and has been so debited in the accounts on accrual basis but disbursed to the labours only on receipt of funds on various dates for which necessary documents were produced with the name of labours, dates of retrenchment and amounts calculated - following the judgement in case of BHARAT EARTH MOVERS VERSUS COMMISSIONER OF INCOME-TAX [2000 (8) TMI 4 - SUPREME COURT] no addition is required on this issue - thus this is an admissible deduction. - Decided against revenue.
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