https://www.taxtmi.com/caselaws?id=247258 The Tribunal partially allowed the Assessee's appeal on the disallowance of traveling expenses, reducing the disallowance amount. However, the appeal on the late payment of PF and ESIC contributions was dismissed, upholding the disallowance. The Tribunal also upheld the deletion of penalty under section 271(1)(c) for delayed payment of employees' contributions, emphasizing the absence of concealment or inaccuracies by the Assessee. The Revenue's appeal against the penalty deletion was dismissed, affirming the decisions made by the CIT(A) in each instance. en-us Fri, 02 May 2014 00:00:00 +0530 Wed, 07 May 2014 09:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247258 The Tribunal partially allowed the Assessee's appeal on the disallowance of traveling expenses, reducing the disallowance amount. However, the appeal on the late payment of PF and ESIC contributions was dismissed, upholding the disallowance. The Tribunal also upheld the deletion of penalty under section 271(1)(c) for delayed payment of employees' contributions, emphasizing the absence of concealment or inaccuracies by the Assessee. The Revenue's appeal against the penalty deletion was dismissed, affirming the decisions made by the CIT(A) in each instance. Case-Laws Income Tax Fri, 02 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247258