Tribunal held that in the absence of material on record to ascertain the facts the matter is remanded to the file of the AO. If application is pending, provision made for gratuity is directed to be allowed. (AY.2014-15, 2015-16, 2017-18)
ITO v. Mayurbhanj Central Cooperative Bank Ltd. (2024) 230 TTJ 655 / 240 DTR 17 / 38 NYPTTJ 807 (Cuttack)(Trib)
S. 40A(7) : Expenses or payments not deductible-Gratuity-Fund maintained by LIC-Pendency of application-Matter is remanded to the file of AO for verification.[S.36(1)(vi)]
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