https://www.taxtmi.com/caselaws?id=428081 The appeal focused on the allowability of employees' contribution of ESIC and PF deposited beyond statutory time limits but before filing income tax return u/s 139(1) of the Act. The appellant argued for the deletion of a disallowed amount of Rs.7,13,908/- based on relevant judgments. The DCIT (CPC) disallowed Rs.17,26,605/-, including the aforementioned amount. The CIT(A) dismissed the appeal, but following the precedent set by the Jurisdictional High Court, the assessee's appeal was allowed, and the disallowed amount was deleted. The judgment favored the assessee, allowing the expenditure on employees' contribution towards ESIC and PF. en-us Mon, 19 Sep 2022 00:00:00 +0530 Sat, 07 Jan 2023 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428081 The appeal focused on the allowability of employees' contribution of ESIC and PF deposited beyond statutory time limits but before filing income tax return u/s 139(1) of the Act. The appellant argued for the deletion of a disallowed amount of Rs.7,13,908/- based on relevant judgments. The DCIT (CPC) disallowed Rs.17,26,605/-, including the aforementioned amount. The CIT(A) dismissed the appeal, but following the precedent set by the Jurisdictional High Court, the assessee's appeal was allowed, and the disallowed amount was deleted. The judgment favored the assessee, allowing the expenditure on employees' contribution towards ESIC and PF. Case-Laws Income Tax Mon, 19 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428081