9911796707
TMI Blog2024 (3) TMI 1400X X X X Extracts X X X X X X X X Extracts X X X X ..... This appeal filed by the assessee is directed against the order dated 18/12/2023 passed by the learned CIT (A)- Bengaluru relating to A.Y.2019-20. 2. Although a number of grounds have been raised by the assessee, however, these all relate to the order of the learned CIT (A) in sustaining the disallowance made by the CPC Bengaluru u/s 143(1) towards delayed remittance of Employees contribution to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... He held that since the amounts were received from the Employees are deemed as income of the assessee u/s 2(24)(x) of the I.T. Act and since the same has not been deposited within the due date prescribed under the said Acts, therefore, the same is not deductible u/s 36(1)(va) of the I.T. Act. Accordingly, the appeal filed by the assessee was dismissed. 5. Aggrieved with such order of the learned C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentioned in the respective Act, the same cannot be allowed as a deduction. Since admittedly, the assessee, in the instant case, has not deposited the Employees' Contribution to PF & ESI before the statutory due dates but has deposited the same before the due date prescribed u/s 139(1) for filing of the return of income, therefore, the learned CIT (A) NFAC was fully justified in upholding the addi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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