https://www.taxtmi.com/caselaws?id=121077 The Tribunal upheld the CIT (Appeals)'s decision to delete the addition made by the Assessing Officer under section 43B for EPF and ESI payments beyond the due date, citing a curative and retrospective amendment. However, the Tribunal set aside the CIT (Appeals)'s decision on the addition of depreciation on the car for personal use, allowing the revenue's ground. The deletion of the addition due to low gross profit was also upheld, dismissing the revenue's ground. The Tribunal directed the Assessing Officer to allow the remuneration claim to partners, allowing the assessee's cross-objection. en-us Fri, 23 Mar 2007 00:00:00 +0530 Thu, 26 Jul 2012 13:46:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121077 The Tribunal upheld the CIT (Appeals)'s decision to delete the addition made by the Assessing Officer under section 43B for EPF and ESI payments beyond the due date, citing a curative and retrospective amendment. However, the Tribunal set aside the CIT (Appeals)'s decision on the addition of depreciation on the car for personal use, allowing the revenue's ground. The deletion of the addition due to low gross profit was also upheld, dismissing the revenue's ground. The Tribunal directed the Assessing Officer to allow the remuneration claim to partners, allowing the assessee's cross-objection. Case-Laws Income Tax Fri, 23 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121077