https://www.taxtmi.com/caselaws?id=421610 The Tribunal held that adjustments made under Section 143(1) of the Income Tax Act regarding employees' contributions to Provident Fund and ESI were beyond the section's scope. The Tribunal found that the additions were unjust as the payments were made before the due date for filing the return. It concluded that the Revenue's adjustments were erroneous, directing the Assessing Officer to delete the addition of Rs. 1,71,75,434. The Tribunal partially allowed the assessee's appeal for statistical purposes, emphasizing that the applicability of the amendments introduced by the Finance Act 2021 was not pertinent to this decision. en-us Mon, 25 Apr 2022 00:00:00 +0530 Thu, 28 Apr 2022 08:13:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421610 The Tribunal held that adjustments made under Section 143(1) of the Income Tax Act regarding employees' contributions to Provident Fund and ESI were beyond the section's scope. The Tribunal found that the additions were unjust as the payments were made before the due date for filing the return. It concluded that the Revenue's adjustments were erroneous, directing the Assessing Officer to delete the addition of Rs. 1,71,75,434. The Tribunal partially allowed the assessee's appeal for statistical purposes, emphasizing that the applicability of the amendments introduced by the Finance Act 2021 was not pertinent to this decision. Case-Laws Income Tax Mon, 25 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421610