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2022 (3) TMI 522 - AT - Income TaxDelay in deposit of employees contribution related to EPF & ESI - HELD THAT:- As decided in case of PCIT vs Pro Interactive Service (India) Pvt. Ltd [2018 (9) TMI 2009 - DELHI HIGH COURT] in view of the judgement of the Division Bench of Delhi High Court in Commissioner of Income Tax versus AIMIL Limited, [2009 (12) TMI 38 - DELHI HIGH COURT] legislative intent was/is to ensure that the amount paid is allowed as an expenditure only when payment is actually made. We do not think that the legislative intent and objective is to treat belated payment of Employee's Provident Fund (EPD) and Employee's State Insurance Scheme (ESI) as deemed income of the employer under section 2(23)(x) - Decided in favour of assessee.
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