Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2013 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (11) TMI 971 - HC - Income TaxPF and ESIC – Belated payments – Held that:- Following Commissioner of Income Tax Vs. Alom Extrusions Ltd, reported in [2009 (11) TMI 27 - SUPREME COURT] - 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 – Amendment to section 43B apply retrospectively with effect from 1st April, 1988 - Decided against Revenue.
|