https://www.taxtmi.com/caselaws?id=764693 The ITAT Delhi allowed the assessee's appeal regarding disallowance of employee contributions to ESIC/PF under section 36(1)(va). Following the SC's Checkmate Services judgment, belated contributions are taxable. However, the tribunal clarified that the due date for deposits should be determined from the month of actual salary disbursement, not mere accrual of liability. The matter was remanded to the AO for fresh examination of this timing aspect. Additionally, the tribunal deleted the AO's disallowance of business expenses paid to a subcontractor, finding the AO incorrectly assessed the transaction and ignored proper TDS deductions already made by the assessee. en-us Fri, 20 Dec 2024 00:00:00 +0530 Thu, 16 Jan 2025 08:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764693 The ITAT Delhi allowed the assessee's appeal regarding disallowance of employee contributions to ESIC/PF under section 36(1)(va). Following the SC's Checkmate Services judgment, belated contributions are taxable. However, the tribunal clarified that the due date for deposits should be determined from the month of actual salary disbursement, not mere accrual of liability. The matter was remanded to the AO for fresh examination of this timing aspect. Additionally, the tribunal deleted the AO's disallowance of business expenses paid to a subcontractor, finding the AO incorrectly assessed the transaction and ignored proper TDS deductions already made by the assessee. Case-Laws Income Tax Fri, 20 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764693