Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2017 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (11) TMI 1696 - HC - Income TaxLate contributions made to the Employees State Insurance Corporation (ESIC) - disallowance u/s 43B - Held that:- As far as the second aspect goes, the Court notices that the assessee had established, before the lower authorities, that the disallowance was not warranted because of a one-time settlement, with the lender IDBI and, furthermore, that the relief amount had been declared as income for the concerned assessment year. Admit - “Did the ITAT fall into error in deleting the amount of ₹ 6,90,055/-, having regard to the provisions of Section 36(1)(va).”
|