https://www.taxtmi.com/caselaws?id=209689 The court disallowed the deduction under section 80-IB for delayed employees' contribution to PF, ruling that it does not qualify as business profit. However, the issue of contract payments disallowed under section 40(a)(ia) was remanded back to the Assessing Officer for reconsideration as the TDS payments were made within the due date of filing the return. The appeal by revenue was partly allowed for statistical purposes. en-us Thu, 21 Apr 2011 00:00:00 +0530 Thu, 01 Sep 2016 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209689 The court disallowed the deduction under section 80-IB for delayed employees' contribution to PF, ruling that it does not qualify as business profit. However, the issue of contract payments disallowed under section 40(a)(ia) was remanded back to the Assessing Officer for reconsideration as the TDS payments were made within the due date of filing the return. The appeal by revenue was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 21 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209689