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Deduction for Provision to Approved Gratuity Fund Allowed Under Specific Section 40A(7)(b) Over Section 43B

By | November 2, 2026

Deduction for Provision to Approved Gratuity Fund Allowed Under Specific Section 40A(7)(b) Over Section 43B Issue Whether a provision made towards a contribution to an approved gratuity fund is allowable as a deduction under Section 40A(7)(b) of the Income-tax Act, 1961 (Section 36 of the Income-tax Act, 2025), or if it can be disallowed under… Read More »