https://www.taxtmi.com/caselaws?id=768667 The ITAT Nagpur dismissed the assessee's appeal regarding addition of Rs. 9,88,728 for delayed payment of employees' PF/ESIC contributions, following the SC decision in Checkmate Services (P.) Ltd. The assessee had initially filed a rectification application under section 154 due to typographical errors in Form 3CD by the tax auditor, which was accepted by ADIT, CPC. However, the tribunal upheld the disallowance based on the SC precedent. Regarding interest under section 234C, the tribunal directed the AO to calculate interest based on tax due on returned income rather than assessed income. en-us Fri, 06 Dec 2024 00:00:00 +0530 Fri, 11 Apr 2025 08:40:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768667 The ITAT Nagpur dismissed the assessee's appeal regarding addition of Rs. 9,88,728 for delayed payment of employees' PF/ESIC contributions, following the SC decision in Checkmate Services (P.) Ltd. The assessee had initially filed a rectification application under section 154 due to typographical errors in Form 3CD by the tax auditor, which was accepted by ADIT, CPC. However, the tribunal upheld the disallowance based on the SC precedent. Regarding interest under section 234C, the tribunal directed the AO to calculate interest based on tax due on returned income rather than assessed income. Case-Laws Income Tax Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768667