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2021 (5) TMI 423 - AT - Income TaxAddition u/s. 36(1)(va) - delayed employees contribution towards EPF and ESIC - HELD THAT:- It is undisputed fact that assessee has paid employees contribution to PF and towards ESIC beyond the period prescribed in the specified act. Therefore following the decision of Gujarat State Road Transport Corporation [2014 (1) TMI 502 - GUJARAT HIGH COURT] we do not find any infirmity in the decision of ld. CIT(A). Therefore, this ground of appeal of the assessee is dismissed. TDS u/s 194A - Disallowance of interest expenses u/s 40(a)(ia) - non deduction of TDS on payment of interest - HELD THAT:- The assessee has not furnished any material to controvert the aforesaid finding of the Assessing Officer for not making compliance with the provision of section 40(a)(ia). In addition to above, it is also noticed that counsel of the assessee has voluntarily agreed for the disallowance of interest expenditure since the assessee has failed to make compliance with the provision of section 40(a)(ia) of the Act. Keeping in view of the aforesaid undisputed facts and circumstances, we do not find any infirmity in the decision of ld. CIT(A). - Decided against assessee.
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