Held that the benefit of gratuity and leave encashment were post-retirement benefits accruing from actual service rendered by the employee. Gratuity and leave encashment not inclusive of payment under voluntary retirement scheme and to be allowed fully as business expenditure.  Sums payable towards gratuity and leave encashment are payments for welfare of employees on their retirement or cessation of service. Payments brought within scope of disallowance with effect from 1-4-2002. Provision not applicable to payments prior to that date. Allowable without any condition of actual payment prior to such date.  AY. 2001-02)