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2017 (12) TMI 1476 - AT - Income TaxAddition being interest u/s.244A on Income Tax Refund for A.Y.2009-10 - Held that:- In our opinion, assessee has received the said information from the Assessing Officer during the course of assessment proceedings which took place during financial year 2014-15. The said amount of interest has therefore been provided in the Financial Year 2015-16, which is also subject to certain rectification on factual grounds as the amount of set off of different years is not correct. They have made separate entry in general voucher dated 01/04/2015 mentioning “Being the jv pass for interest received form Income Tax Dep. for the A.Y. 2009-10. Interest income booked in F.Y. 2015-16”. In our considered opinion, in such circumstances no addition can be made. In the result, this ground of appeal is in favour of the assessee. Late payment of employees’ contributions of provident fund and ESIC by invoking Section 36(1)(va) - Held that:- Since assesses had no deposited said contribution in respective fund account on date as prescribed in Explanation to section 36(1)(va), disallowance made by Assessing Officer was just and proper. See CIT vs Gujarat State Road Transport Corporation [2014 (1) TMI 502 - GUJARAT HIGH COURT] - Decided against assessee.
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