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2016 (4) TMI 742 - HC - Income TaxDelayed payment on account of employees provident fund - treated as income in terms of Section 2(24)(x) read with Section 36(1)(va) - Held that:- In view of the aforesaid proposition laid down by the Supreme Court in the case of CIT Vs. Vinay Cements Limited[2007 (3) TMI 346 - Supreme Court of India ] admitted position being that the aforesaid amounts were credited after the due dates of payment under the relevant Acts but much before the date of filing of the return under the Income Tax Act, the assessee would clearly be entitled to the deletion of the addition. The substantial question of law is, accordingly, answered in the negative against the Revenue and in favour of the assessee.
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