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2016 (8) TMI 220 - GUJARAT HIGH COURTDisallowance made u/s 36(1)(v)(a) - delayed employees contribution to P.F. and on account of technical know how fees - Held that:- Considering the decision of this Court in the cases of Amoli Organics (P) Ltd. (2013 (11) TMI 971 - GUJARAT HIGH COURT ) and Sayaji Industries Ltd. (supra), the questions which are raised in the present appeals are required to be answered in favour of the assessee as the facts are akin in these appeals and the said decision will inure to the benefit of the assessee as held that the assessee was entitled to the exemption as the amount was paid during grace period permissible / available under the Provident Fund Act - The asseessee shall be entitled to exemption / deduction under section 43 to the extent payment was made within the grace period - Decided in favour of assessee.
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