Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (1) TMI 280 - ITAT DELHILate payment of Provident Fund and ESIC u/s 43B - HELD THAT:- As relying on PRO INTERACTIVE SERVICE (INDIA) PVT. LTD.[2018 (9) TMI 2009 - DELHI HIGH COURT] and Aimil Limited, [2009 (12) TMI 38 - DELHI HIGH COURT] the amount paid is allowed as an expenditure only when payment is actually made. We do not think that the legislative intent and objective is to treat belated payment of Employee’s Provident Fund (EPD) and Employee’s State Insurance Scheme (ESI) as deemed income of the employer under section 2(23)(x) of the Act.” - the issue is covered against the Revenue - Assessing Officer directed to delete the disallowance
|