https://www.taxtmi.com/caselaws?id=313792 ITAT Delhi ruled in favor of assessees regarding delayed ESI/Provident Fund contributions made after statutory deadlines but before income tax return filing due dates. The tribunal held that Revenue's adjustments under Section 143(1) were beyond statutory scope, as they involved debatable and controversial issues requiring retrospective application of Finance Act 2021 amendments. The court found such additions through summary adjustment procedures unfair, unjust, and legally improper, directing the Assessing Officer to delete the contested additions. en-us Thu, 25 Aug 2022 00:00:00 +0530 Thu, 02 May 2024 21:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313792 ITAT Delhi ruled in favor of assessees regarding delayed ESI/Provident Fund contributions made after statutory deadlines but before income tax return filing due dates. The tribunal held that Revenue's adjustments under Section 143(1) were beyond statutory scope, as they involved debatable and controversial issues requiring retrospective application of Finance Act 2021 amendments. The court found such additions through summary adjustment procedures unfair, unjust, and legally improper, directing the Assessing Officer to delete the contested additions. Case-Laws Income Tax Thu, 25 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313792