https://www.taxtmi.com/caselaws?id=458057 ITAT Kolkata upheld disallowance under section 36(1)(va) read with section 2(24)(x) for delayed deposit of employees' contribution to PF/ESI beyond statutory due dates. The tribunal followed the coordinate bench decision in Siddhi Vinayaka Graphics Pvt. Ltd., which considered the SC ruling in Checkmate Services Pvt. Ltd. The tribunal also validated adjustments made during return processing under section 143(1) for such delayed deposits. The decision was against the assessee. en-us Mon, 05 Jun 2023 00:00:00 +0530 Sat, 05 Oct 2024 20:11:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458057 ITAT Kolkata upheld disallowance under section 36(1)(va) read with section 2(24)(x) for delayed deposit of employees' contribution to PF/ESI beyond statutory due dates. The tribunal followed the coordinate bench decision in Siddhi Vinayaka Graphics Pvt. Ltd., which considered the SC ruling in Checkmate Services Pvt. Ltd. The tribunal also validated adjustments made during return processing under section 143(1) for such delayed deposits. The decision was against the assessee. Case-Laws Income Tax Mon, 05 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458057