Section 36(1)(v) of the Income Tax Act, 1961 — Business Expenditure — Entire contributions paid by the assessee to the LIC as Premium for the policy obtained for indemnification of the gratuity liability towards the employees even for the prior years when the employees were in the employment of the company taken over would be eligible for deduction under section 36(1)(v) — Nortans Marine Services P. Ltd. vs. Assistant Commissioner of Income tax [2018] 305 CTR (Kerala) 321