https://www.taxtmi.com/caselaws?id=429167 An adjustment under section 143(1) based solely on the tax audit report for employees' provident fund contributions paid after the fund due date but before the return due date was treated as unsustainable, because a tax audit report cannot override binding jurisdictional precedent and a reasoned response to objections is required in quasi-judicial processing. The later explanations to sections 36(1)(va) and 43B by the Finance Bill, 2021 were said not to change the position for the year under appeal. The document also notes an inconsistent final conclusion stating that the intimation disallowance remained undisturbed. en-us Wed, 28 Sep 2022 00:00:00 +0530 Wed, 19 Oct 2022 10:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429167 An adjustment under section 143(1) based solely on the tax audit report for employees' provident fund contributions paid after the fund due date but before the return due date was treated as unsustainable, because a tax audit report cannot override binding jurisdictional precedent and a reasoned response to objections is required in quasi-judicial processing. The later explanations to sections 36(1)(va) and 43B by the Finance Bill, 2021 were said not to change the position for the year under appeal. The document also notes an inconsistent final conclusion stating that the intimation disallowance remained undisturbed. Case-Laws Income Tax Wed, 28 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429167