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2018 (2) TMI 1458 - AT - Income TaxDisallowance u/s 43B - payment of employees contribution to Provident Fund and ESIC - Held that:- The issue in appeal is squarely covered by the decision of the Hon'ble Jurisdictional High Court Ghatge Patil Transport Ltd. [2014 (10) TMI 402 - BOMBAY HIGH COURT] wherein held both employees' and employer's contributions are covered under the amendment to Section 43B of I.T. Act - the Tribunal was right in holding that payments are subject to benefits of Section 43B – Decided against revenue. Allowing set off of brought forward depreciation for A.Y. 2001-02 beyond eight assessment years - Held that:- On perusal of the order of the Coordinate Bench in assessee’s own case we find that similar issue had come up before the Tribunal in A.Y. 2009-10 and the Coordinate Bench has decided this issue in favour of the assessee allowed setting off of depreciation. – Decided against revenue.
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