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2018 (8) TMI 1849 - AT - Income TaxDisallowance towards PF and ESI contributions - contributions paid beyond due date specified in respective Acts but before due date for filing the return of income u/s. 139 - HELD THAT:- This issue of whether the PF and ESI contributions should be allowed as deduction when paid beyond due date specified in the respective Acts but before the due date for filing return of income is decided in favour of the assessee in the case of Ghadge Patil [2014 (10) TMI 402 - BOMBAY HIGH COURT]. CIT(A) following the said decision deleted the disallowance. In the circumstances, we do not find any infirmity in the order passed by the Ld.CIT(A). Grounds raised by the Revenue on this issue are rejected. Disallowance of depreciation on motor car and interest on car loan - claim denied as the vehicle was registered in the name of the relative of the Director - HELD THAT:- CIT(A) following the decision of the Apex Court in the case of Mysore Minerals Ltd. v. CIT [1999 (9) TMI 1 - SUPREME COURT] and CIT v. Dilip Singh Sardarsingh Bagga [1992 (9) TMI 74 - BOMBAY HIGH COURT] wherein it has been held that depreciation is allowable in the hands of the company even if the vehicle is registered in the name of its Directors, allowed the claim of the assessee. Similarly, the interest paid on car loan is allowable as deduction. Thus, we do not find any infirmity in the order passed by the Ld.CIT(A). The additional ground raised by the Revenue is rejected.
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