https://www.taxtmi.com/caselaws?id=389384 The appeal challenging the addition/disallowance of Rs. 1,77,66,589 made by the Assessing Officer under sections 36(1)(v)(a) and 2(24)(x) of the Income Tax Act for the assessment year 2014-2015 was dismissed. The Tribunal upheld the disallowances as the sums were not credited to employees' accounts in the Provident Fund and/or ESI Fund by the due date. Relying on a High Court decision, the Tribunal found no error in the interpretation of the relevant provisions, leading to the dismissal of the appeal by Justice Harsha Devani. en-us Tue, 03 Dec 2019 00:00:00 +0530 Fri, 06 Dec 2019 15:00:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389384 The appeal challenging the addition/disallowance of Rs. 1,77,66,589 made by the Assessing Officer under sections 36(1)(v)(a) and 2(24)(x) of the Income Tax Act for the assessment year 2014-2015 was dismissed. The Tribunal upheld the disallowances as the sums were not credited to employees' accounts in the Provident Fund and/or ESI Fund by the due date. Relying on a High Court decision, the Tribunal found no error in the interpretation of the relevant provisions, leading to the dismissal of the appeal by Justice Harsha Devani. Case-Laws Income Tax Tue, 03 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389384