https://www.taxtmi.com/caselaws?id=300327 The Tribunal ruled in favor of the assessee, directing the deletion of additions towards PF and ESI, as well as under section 14A of the Income Tax Act, 1961. The Tribunal held that the deductions for PF and ESI should not be added back as the contributions were made, despite delays in remittance. Additionally, as there was no exempt income earned from investments, section 14A was deemed inapplicable. The Tribunal's decision favored the assessee based on legal precedents and specific circumstances presented during the proceedings. en-us Thu, 27 May 2021 00:00:00 +0530 Fri, 20 Feb 2026 17:20:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300327 The Tribunal ruled in favor of the assessee, directing the deletion of additions towards PF and ESI, as well as under section 14A of the Income Tax Act, 1961. The Tribunal held that the deductions for PF and ESI should not be added back as the contributions were made, despite delays in remittance. Additionally, as there was no exempt income earned from investments, section 14A was deemed inapplicable. The Tribunal's decision favored the assessee based on legal precedents and specific circumstances presented during the proceedings. Case-Laws Income Tax Thu, 27 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300327