Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 508 - AT - Income TaxDisallowance of excess depreciation on vehicle used on hire - substantiate the claim - Held that:- We found that the assessee could not substantiate that the vehicle was used for the purpose of hire either before the AO or before the CIT(A). Therefore, we found that the CIT(A) after considering the factual aspects has confirmed the addition which we are not inclined to interfere and uphold the same. This ground of appeal of the assessee is dismissed. Disallowance on account of late payment of EPF and ESI contribution - due date of filing of the return u/s.139(1) - addition made on the ground that the employees’ contribution to EPF & ESI were not deposited within the time prescribed under the P.F.Act. - Held that:- We find that no disallowance can be made for deduction of the same u/s.36(1)(va) r.w.s.2(24)(x) of the Act in view of the decision of Hon’ble Supreme Court in the case of Rajasthan State Beverages Corporation Ltd. [2017 (7) TMI 1087 - SUPREME COURT OF INDIA]. We find in the instant case, it is not in dispute that the contribution to EPF and ESI was deposited by the assessee before due date of filing the return of income u/s.139(1) of the Act. - Decided in favour of assessee
|