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2018 (5) TMI 2116 - AT - Income TaxDelayed payment of employee’s contribution to provident fund beyond the due date stipulated under that Act - payment was deposited in the financial year itself and before the filing of return of income u/s 139(1) - HELD THAT:- There is no dispute between the parties regarding the dates of deposit of ESI and PF which clearly are beyond the prescribed date of deposit as applicable under the respective acts. However, there is no dispute between the parties that these deposits were made before the filing of return of income for the relevant assessment year. Hon'ble Allahabad High Court in the case of Sagun Foundry (P.) Ltd [2016 (12) TMI 1479 - ALLAHABAD HIGH COURT] has dealt with similar issue and after taking into account the judgment of Hon'ble Supreme Court in the case of CIT vs. Alom Extrusion Ltd. [2009 (11) TMI 27 - SUPREME COURT]and after taking into account views of different High Courts, has decided the similar issue in favour of the assessee .
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