https://www.taxtmi.com/caselaws?id=756832 ITAT Mumbai allowed the appeal regarding delayed deposit of employees' PF and ESI contributions for April-May 2020. The court held that delays during COVID-19 lockdown period cannot be treated as detrimental under section 36(1)(va) when EPF Organisation itself waived penal damages for lockdown delays. The appellant deposited amounts in June 2020 when banking resumed and maintained timely deposits thereafter. The addition was deleted as no mischief was found in holding employees' contributions during unprecedented circumstances beyond the appellant's control. en-us Thu, 25 Jul 2024 00:00:00 +0530 Sat, 10 Aug 2024 09:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756832 ITAT Mumbai allowed the appeal regarding delayed deposit of employees' PF and ESI contributions for April-May 2020. The court held that delays during COVID-19 lockdown period cannot be treated as detrimental under section 36(1)(va) when EPF Organisation itself waived penal damages for lockdown delays. The appellant deposited amounts in June 2020 when banking resumed and maintained timely deposits thereafter. The addition was deleted as no mischief was found in holding employees' contributions during unprecedented circumstances beyond the appellant's control. Case-Laws Income Tax Thu, 25 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756832