https://www.taxtmi.com/caselaws?id=456697 ITAT Indore dismissed the assessee's appeal regarding disallowance of employee contributions to PF and ESIC paid beyond prescribed periods. The tribunal held that section 143(1) adjustment was valid when auditor mentioned actual and due dates of remittances in audit report at serial 20(b), satisfying disclosure requirements. Following SC decision in Checkmate Services and ITAT Pune ruling in Cemetile Industries, belated payment of employee share contributions under section 36(1)(va) was properly disallowed. The tribunal confirmed that specific auditor observations on inadmissibility weren't required, only indication of disallowance in audit report. en-us Wed, 22 Feb 2023 00:00:00 +0530 Fri, 09 Aug 2024 00:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456697 ITAT Indore dismissed the assessee's appeal regarding disallowance of employee contributions to PF and ESIC paid beyond prescribed periods. The tribunal held that section 143(1) adjustment was valid when auditor mentioned actual and due dates of remittances in audit report at serial 20(b), satisfying disclosure requirements. Following SC decision in Checkmate Services and ITAT Pune ruling in Cemetile Industries, belated payment of employee share contributions under section 36(1)(va) was properly disallowed. The tribunal confirmed that specific auditor observations on inadmissibility weren't required, only indication of disallowance in audit report. Case-Laws Income Tax Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456697