https://www.taxtmi.com/caselaws?id=397091 The Tribunal ruled in favor of the assessee, deleting the disallowance of Rs. 1,34,632 for late ESI deposit, as the payment was made before the financial year's end and the return filing due date. Citing precedents from the High Court and Tribunal, the Tribunal found the disallowance unjustified. The penalty appeal was remanded to CIT(A) for reconsideration, acknowledging the Tribunal's decision. The assessee's appeal was allowed, and the addition by the Assessing Officer was deleted. en-us Tue, 30 Jun 2020 00:00:00 +0530 Tue, 05 Nov 2024 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397091 The Tribunal ruled in favor of the assessee, deleting the disallowance of Rs. 1,34,632 for late ESI deposit, as the payment was made before the financial year's end and the return filing due date. Citing precedents from the High Court and Tribunal, the Tribunal found the disallowance unjustified. The penalty appeal was remanded to CIT(A) for reconsideration, acknowledging the Tribunal's decision. The assessee's appeal was allowed, and the addition by the Assessing Officer was deleted. Case-Laws Income Tax Tue, 30 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397091