https://www.taxtmi.com/caselaws?id=310923 The ITAT Raipur allowed the assessee's appeal regarding delayed payment of employees' contribution to EPF/ESI. The AO had treated this as income under Section 36(1)(va) read with Section 2(24)(x) during processing under Section 143(1). Following the precedent in Kalpesh Synthetics (P) Ltd. v. DCIT, the tribunal held that when payments are made before the due date for filing income tax returns under Section 139(1), no disallowance applies despite the tax auditor reporting payment beyond the statutory due date. The addition made by AO under Section 143(1)(a) was vacated. en-us Thu, 11 May 2023 00:00:00 +0530 Sat, 25 Nov 2023 14:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310923 The ITAT Raipur allowed the assessee's appeal regarding delayed payment of employees' contribution to EPF/ESI. The AO had treated this as income under Section 36(1)(va) read with Section 2(24)(x) during processing under Section 143(1). Following the precedent in Kalpesh Synthetics (P) Ltd. v. DCIT, the tribunal held that when payments are made before the due date for filing income tax returns under Section 139(1), no disallowance applies despite the tax auditor reporting payment beyond the statutory due date. The addition made by AO under Section 143(1)(a) was vacated. Case-Laws Income Tax Thu, 11 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310923