COMMISSIONER OF INCOME TAX, KOLKATA vs. M/S. HOOGHLY MILLS CO. LTD
The appeal is allowed
C.A. No.-005149-005149 - 2006Supreme Court22 Nov 2006
For Respondent: M/s. Hoogly Mills Co. Ltd
Section 32Section 4(1)
35
(C) Plant, Machinery and other
movables 160
200
In the same agreement it was also stated :
"In addition to the consideration as mentioned in
1(A), the accrued and future gratuity liability of the taken
over workers, junior and senior officers, on their
retirement or otherwise on termination of their services
payable under the Payment of Gratuity
