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2022 (9) TMI 873 - AT - Income TaxDelayed employees’ share of PF and ESIC etc - late deposit of the Employees’ share of PF and ESIC - Amount paid before due date for filing Return of Income under the provisions of section 139(1) - HELD THAT:- As identical issue has been decided in recent decision of Co-ordinate Bench of this Tribunal in the case of Prashant Arun Sangai [2022 (6) TMI 1305 - ITAT PUNE] wherein, the Tribunal decided the issue in favour of the assessee.as held position of law as set out by various Hon’ble High Courts including the one in CIT vs. Nipso Polyfabriks Ltd. [2012 (11) TMI 592 - HIMACHAL PRADESH HIGH COURT] squarely applies to the facts and circumstances of the instant case, thereby not warranting any disallowance since the amount in question was admittedly deposited before due date u/s 139(1) of the Act. The addition is therefore, directed to be deleted. - Decided in favour of assessee.
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