https://www.taxtmi.com/caselaws?id=357481 The Tribunal upheld the CIT(A)'s decisions in the case, dismissing both the revenue's and the assessee's appeals for Assessment Years 2005-06 and 2010-11. The disallowance of employees' contribution to Provident Fund beyond the due date but before the end of the financial year was confirmed, except for a portion allowed for AY 2005-06. Additionally, the claim of depreciation on EDP equipment taken on lease was rejected due to the lack of ownership transfer evidence. The Tribunal emphasized adherence to favorable judicial views and upheld the lower authorities' decisions. en-us Wed, 21 Mar 2018 00:00:00 +0530 Fri, 23 Mar 2018 07:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357481 The Tribunal upheld the CIT(A)'s decisions in the case, dismissing both the revenue's and the assessee's appeals for Assessment Years 2005-06 and 2010-11. The disallowance of employees' contribution to Provident Fund beyond the due date but before the end of the financial year was confirmed, except for a portion allowed for AY 2005-06. Additionally, the claim of depreciation on EDP equipment taken on lease was rejected due to the lack of ownership transfer evidence. The Tribunal emphasized adherence to favorable judicial views and upheld the lower authorities' decisions. Case-Laws Income Tax Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357481