https://www.taxtmi.com/caselaws?id=460230 The Tribunal dismissed the assessee's appeal, ruling that belated employee contributions to Provident Fund (PF) and Employees' State Insurance Corporation (ESIC) are taxable under Section 2(24)(x) and not deductible under Section 36(i)(va), even if paid before the due date under Section 139(1), as per the Supreme Court's decision in Checkmate Services. Additionally, the Tribunal upheld the Central Processing Centre's (CPC) adjustments based on audit reports, supporting their sufficiency for adjustments under Section 143(1). The case was remanded to the Assessing Officer for factual verification and fresh determination. en-us Wed, 09 Aug 2023 00:00:00 +0530 Wed, 15 Jan 2025 20:53:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460230 The Tribunal dismissed the assessee's appeal, ruling that belated employee contributions to Provident Fund (PF) and Employees' State Insurance Corporation (ESIC) are taxable under Section 2(24)(x) and not deductible under Section 36(i)(va), even if paid before the due date under Section 139(1), as per the Supreme Court's decision in Checkmate Services. Additionally, the Tribunal upheld the Central Processing Centre's (CPC) adjustments based on audit reports, supporting their sufficiency for adjustments under Section 143(1). The case was remanded to the Assessing Officer for factual verification and fresh determination. Case-Laws Income Tax Wed, 09 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460230