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2021 (4) TMI 1125 - ITAT HYDERABADDelayed employee's contribution towards Provident Fund - amount paid beyond the due date as specified in the Provident Fund Act.- HELD THAT:- As decided in GUJARAT STATE ROAD TRANSPORT CORPORATION [2014 (1) TMI 502 - GUJARAT HIGH COURT] the assessee has not credit the employees' Contribution to the employees' account in the relevant fund or funds on or before the due date mentioned in the Explanation to section 36(1)(va), the assessee shall not be entitled to deduction of such amount in computing the income referred in section 28 Also decided in M/S MERCHEM LIMITED [2015 (9) TMI 560 - KERALA HIGH COURT] since the assessee had admittedly not paid the remittance of the employees' contribution to the provident fund and ESI within the dates prescribed under the respective Act, the assessee was not entitled to deduction U/s. 43B of the amounts deducted thereunder for and on behalf of the employees. - Decided against assessee.
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