ITAT Allows Gratuity Deduction as Contribution Was Made to Approved Gratuity Fund

Pawan Hans Limited Vs ACIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT), Delhi, disposed of cross appeals filed by the assessee and the Revenue against the order of the Commissioner of Income Tax (Appeals) for Assessment Year 2017-18. The Tribunal partly allowed the assessee’s appeal and dismissed the Revenue’s appeal. The assessee withdrew its additional grounds challenging the validity of the notice under Section 143(2) and the scope of limited scrutiny. These grounds were dismissed as not pressed. The first substantive issue in the assessee’s appeal related to the...