https://www.taxtmi.com/caselaws?id=436600 Employees' contribution to PF and ESI is treated as income under section 2(24)(x) and is deductible only if deposited within the due date under the relevant welfare statute; filing the return within section 139(1) does not extend that payment time. Where the audit report clearly shows the due date and actual date of deposit, the resulting disallowance falls within prima facie adjustment under section 143(1)(a)(iv). The article also notes that earlier High Court views cannot prevail over the Supreme Court ruling in Checkmate Services, so the disallowance is supportable on these facts. en-us Thu, 16 Mar 2023 00:00:00 +0530 Mon, 17 Apr 2023 08:06:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436600 Employees' contribution to PF and ESI is treated as income under section 2(24)(x) and is deductible only if deposited within the due date under the relevant welfare statute; filing the return within section 139(1) does not extend that payment time. Where the audit report clearly shows the due date and actual date of deposit, the resulting disallowance falls within prima facie adjustment under section 143(1)(a)(iv). The article also notes that earlier High Court views cannot prevail over the Supreme Court ruling in Checkmate Services, so the disallowance is supportable on these facts. Case-Laws Income Tax Thu, 16 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436600