https://www.taxtmi.com/caselaws?id=422201 The Tribunal held that the adjustment made under Section 143(1) disallowing deductions for delayed provident fund payments was not justified. It emphasized the importance of considering judicial precedents and objections raised by the assessee. The Tribunal highlighted the need for a quasi-judicial approach by the Centralized Processing Centre (CPC) and directed specific reasons for rejecting objections. As a result, the Tribunal ruled in favor of the assessee, deleting the adjustment and allowing the appeal. en-us Wed, 27 Apr 2022 00:00:00 +0530 Wed, 17 Jun 2026 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422201 The Tribunal held that the adjustment made under Section 143(1) disallowing deductions for delayed provident fund payments was not justified. It emphasized the importance of considering judicial precedents and objections raised by the assessee. The Tribunal highlighted the need for a quasi-judicial approach by the Centralized Processing Centre (CPC) and directed specific reasons for rejecting objections. As a result, the Tribunal ruled in favor of the assessee, deleting the adjustment and allowing the appeal. Case-Laws Income Tax Wed, 27 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422201