https://www.taxtmi.com/caselaws?id=422097 The Tribunal remitted the matter back to the CIT(A) for proper consideration of loss determination and deferred tax treatment, emphasizing the need for thorough examination. Regarding the addition of Employee Provident Fund under Section 2(24)(x), the Tribunal set aside the CIT(A)'s decision and directed verification by the Assessing Officer, highlighting the importance of confirming the timely payments under the Act. Overall, the Tribunal emphasized the necessity for proper verification and decision-making processes to ensure a just outcome. en-us Wed, 16 Mar 2022 00:00:00 +0530 Mon, 09 May 2022 08:39:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422097 The Tribunal remitted the matter back to the CIT(A) for proper consideration of loss determination and deferred tax treatment, emphasizing the need for thorough examination. Regarding the addition of Employee Provident Fund under Section 2(24)(x), the Tribunal set aside the CIT(A)'s decision and directed verification by the Assessing Officer, highlighting the importance of confirming the timely payments under the Act. Overall, the Tribunal emphasized the necessity for proper verification and decision-making processes to ensure a just outcome. Case-Laws Income Tax Wed, 16 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422097