https://www.taxtmi.com/caselaws?id=426278 The Tribunal allowed the appeal filed by the assessee, emphasizing that the AO was not justified in denying the deduction claimed due to the late deposit of PF/ESI/EPF, which was made before filing the return of income. The Tribunal held that the legislative intent was not to treat belated payments of EPF and ESI as deemed income of the employer under section 2(23)(x) of the Act, citing relevant case law and judicial pronouncements in support of its decision. en-us Wed, 27 Jul 2022 00:00:00 +0530 Fri, 12 Aug 2022 08:30:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426278 The Tribunal allowed the appeal filed by the assessee, emphasizing that the AO was not justified in denying the deduction claimed due to the late deposit of PF/ESI/EPF, which was made before filing the return of income. The Tribunal held that the legislative intent was not to treat belated payments of EPF and ESI as deemed income of the employer under section 2(23)(x) of the Act, citing relevant case law and judicial pronouncements in support of its decision. Case-Laws Income Tax Wed, 27 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426278