https://www.taxtmi.com/caselaws?id=311570 ITAT Indore upheld disallowance of PF and ESIC contributions paid after statutory due dates but before income tax return filing deadline. Following SC precedent in Checkmate Services and coordinate bench decision in Prashanti Engineering Works, the tribunal ruled that employee contributions to PF/ESI paid beyond statutory due dates are not allowable deductions for computing business taxable income. Revenue authorities correctly disallowed these late payments despite being made before IT return due date. Appeal dismissed against assessee. en-us Fri, 28 Apr 2023 00:00:00 +0530 Thu, 04 Jan 2024 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311570 ITAT Indore upheld disallowance of PF and ESIC contributions paid after statutory due dates but before income tax return filing deadline. Following SC precedent in Checkmate Services and coordinate bench decision in Prashanti Engineering Works, the tribunal ruled that employee contributions to PF/ESI paid beyond statutory due dates are not allowable deductions for computing business taxable income. Revenue authorities correctly disallowed these late payments despite being made before IT return due date. Appeal dismissed against assessee. Case-Laws Income Tax Fri, 28 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311570