https://www.taxtmi.com/caselaws?id=341282 The Tribunal dismissed the department's appeal, upholding the CIT(A)'s decisions on all grounds. It confirmed the retrospective application of Section 43B, allowing late payment of PF and ESIC contributions if deposited before the return filing due date. The deletion of notional interest on loans to VCCL Ltd. and debts due from Esslon Synthetics Ltd. was upheld, consistent with previous rulings. The appeal was dismissed on March 31, 2017. en-us Fri, 31 Mar 2017 00:00:00 +0530 Tue, 26 Sep 2017 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341282 The Tribunal dismissed the department's appeal, upholding the CIT(A)'s decisions on all grounds. It confirmed the retrospective application of Section 43B, allowing late payment of PF and ESIC contributions if deposited before the return filing due date. The deletion of notional interest on loans to VCCL Ltd. and debts due from Esslon Synthetics Ltd. was upheld, consistent with previous rulings. The appeal was dismissed on March 31, 2017. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341282