TMI Blog2014 (1) TMI 1875X X X X Extracts X X X X X X X X Extracts X X X X ..... essee in respect of payments made for ESI contributions and it could not be disallowed u/s 43B of the Act. Following the decision of Hon'ble Punjab and Haryana High Court that if the payment has been made within the due date of filing of return in respect of Provident Fund dues etc. then same has to be allowed. Respectfully following this decision we decide this issue in favour of the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y uphold the action of the Assessing officer in disallowing a sum of ₹ 3,79,961/- on account of payment of EPF and Administrative Expenses. 3 After hearing both the parties we find that during assessment proceedings the Assessing officer noticed that the payment towards Provident Fund has been made late as per following chart: Payments made by the assessee to Employee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 20.9.2001 18.10.2001 1,008 20.12.2001 1,392 Sept 2001 20.10.2001 20.12.2001 2,484 Oct 2001 20.11.2001 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ision of Hon'ble Punjab and Haryana High Court in case of CIT Vs. Rai Agro Industries Ltd. 334 ITR 122 (PH). 6 On the other hand, the Ld. D.R. for the Revenue relied on the order of the Assessing officer. 7 After considering the rival submissions we find that Hon'ble Punjab and Haryana High Court in case of CIT Vs. Rai Agro Industries Ltd.(supra) has held ..... X X X X Extracts X X X X X X X X Extracts X X X X
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