TMI Blog2022 (2) TMI 182X X X X Extracts X X X X X X X X Extracts X X X X ..... allowance is warranted as held by the coordinate bench in case in case of Value Momentum Software Services Private Limited [ 2021 (5) TMI 989 - ITAT HYDERABAD] . We direct the AO to delete the addition made towards employees PF ESI contribution and confirmed by the CIT (A) and accordingly, the grounds raised by the assessee on this issue are allowed. - ITA No. 529/Hyd/2021 - - - Dated:- 3-2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... income of ₹ 1,46,17,860/-. The CPC, Bengaluru processed the return u/s 143(1) of the Act on 19/10/2019 and thereafter the CPC passed an order u/s 154 on 17/12/2019 by making disallowance of ₹ 1,04,21,060/- being the amount of employees contribution of PF and ESI paid belatedly. 4. When the assessee preferred an appeal before the CIT(A), the CIT(A) confirmed the disallowance made by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Section 43B disallowance of ₹ 8,11,648/- pertaining to employees provident fund. It is not in dispute that learned lower authorities held that the same had to be deposited before the due date prescribed in the corresponding statute than the due date for filing Section 139(1) return. The Revenue s case in tune thereof relies on Section 36(va) read with explanation thereto that it is not Secti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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