https://www.taxtmi.com/caselaws?id=178985 The Tribunal ruled in favor of the appellant, allowing the appeal and directing the deletion of the addition sustained by the CIT(A). Despite the disallowance of employees' PF contributions under section 36(1)(va) r.w.s. 2(24)(x), the Tribunal emphasized the applicability of deductions under section 10A, stating that the disallowance would increase business profits eligible for deduction. The appellant's timely payments within the grace period were upheld for deduction, in line with relevant case law and legal principles discussed during the proceedings. en-us Wed, 15 Sep 2010 00:00:00 +0530 Mon, 21 Aug 2023 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178985 The Tribunal ruled in favor of the appellant, allowing the appeal and directing the deletion of the addition sustained by the CIT(A). Despite the disallowance of employees' PF contributions under section 36(1)(va) r.w.s. 2(24)(x), the Tribunal emphasized the applicability of deductions under section 10A, stating that the disallowance would increase business profits eligible for deduction. The appellant's timely payments within the grace period were upheld for deduction, in line with relevant case law and legal principles discussed during the proceedings. Case-Laws Income Tax Wed, 15 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178985