TMI Blog2014 (3) TMI 942X X X X Extracts X X X X X X X X Extracts X X X X ..... 27 - SUPREME COURT] followed - Employer’s contribution to such funds is decided in favour of assessee - employee’s contribution is provident fund and ESIC is concerned – the decision in Commissioner of Income-tax vs. Gujarat State Road Transport Corporation [2014 (1) TMI 502 - GUJARAT HIGH COURT] followed – By deleting Second Proviso to section 43B by Finance Act, 2003, it cannot be said that Sec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ant Acts is 15th and 21st of next months? 2. The issue pertains to delayed payments of provident fund and ESIC amounts. The question shall have to be divided in two parts. Insofar as employer s contribution to such funds is concerned, issue is decided in favour of the assessee by virtue of judgment of Supreme Court in the case of Commissioner of Income-Tax vs. Alom Extrusions Ltd. reported in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... PF Employee s contribution Rs.4,79,453 PF Employer s contribution Rs.5,31,449 ESIC Employee s contribution Rs. 30,404 ESIC Employer s contribution Rs.4,28,372 Rs.15,57,740 4. Revenue s appeal is, theref ..... X X X X Extracts X X X X X X X X Extracts X X X X
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