https://www.taxtmi.com/caselaws?id=431304 The court upheld the CIT(A)'s decision regarding the processing of income tax returns under section 143(1) for assessment years 2018-19 and 2019-20. It ruled in favor of the assessee concerning the disallowance of provident fund dues due to delays in payment, emphasizing the binding nature of judicial precedents and the prospective application of recent amendments. The court dismissed the appeals, highlighting the importance of adherence to legal precedents and providing specific reasons for rejecting objections in such cases. en-us Wed, 10 Aug 2022 00:00:00 +0530 Fri, 09 Dec 2022 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431304 The court upheld the CIT(A)'s decision regarding the processing of income tax returns under section 143(1) for assessment years 2018-19 and 2019-20. It ruled in favor of the assessee concerning the disallowance of provident fund dues due to delays in payment, emphasizing the binding nature of judicial precedents and the prospective application of recent amendments. The court dismissed the appeals, highlighting the importance of adherence to legal precedents and providing specific reasons for rejecting objections in such cases. Case-Laws Income Tax Wed, 10 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431304