https://www.taxtmi.com/caselaws?id=265033 The Tribunal dismissed the Assessee's appeal, upholding the disallowance of delayed contributions to Provident Fund and ESIC based on Section 36(1)(va) and the Gujarat High Court's interpretation. The Tribunal emphasized the importance of paying employee contributions within due dates specified in relevant Acts, rejecting the Assessee's reliance on conflicting judicial precedents. The decision highlighted the binding nature of jurisdictional High Court rulings and affirmed the disallowance under Section 36(1)(va) despite arguments for deduction based on prior decisions. en-us Fri, 19 Sep 2014 00:00:00 +0530 Tue, 06 Oct 2015 05:59:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265033 The Tribunal dismissed the Assessee's appeal, upholding the disallowance of delayed contributions to Provident Fund and ESIC based on Section 36(1)(va) and the Gujarat High Court's interpretation. The Tribunal emphasized the importance of paying employee contributions within due dates specified in relevant Acts, rejecting the Assessee's reliance on conflicting judicial precedents. The decision highlighted the binding nature of jurisdictional High Court rulings and affirmed the disallowance under Section 36(1)(va) despite arguments for deduction based on prior decisions. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265033