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2022 (1) TMI 1146 - AT - Income TaxContribution for belated payment of employees share of PF & ESIC i.e. after due date specified in respective Act and treated the income of the assessee as per section 2(24)(X) - HELD THAT:- Where there is a delay in deposit of employees contribution to PF/ESIC as per the due date prescribed under the provisions of PF/ESIC but the contribution is deposited before the due date of filing of return of income. No disallowance is called for u/s 36(1)(va) of the Act as held by this Tribunal in the case of M/s Industrial Filters and Fabrics Pvt. Ltd. [2018 (9) TMI 1008 - ITAT INDORE] We, accordingly set aside the finding of Ld. CIT(A) and delete the disallowance of employees contribution to PF/ESIC and employees contribution to PF and ESIC - Decided in favour of assessee.
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