https://www.taxtmi.com/caselaws?id=769524 ITAT Delhi allowed the assessee's appeal on multiple grounds. The tribunal deleted the disallowance of labour expenses under section 36(1)(va) as the Labour Welfare Fund dues were remitted within the extended due date prescribed under Labour Laws. The double addition of ESI fund under section 43B was corrected as the assessee had already made suo moto disallowance. The upward adjustment regarding gratuity component under IND-AS was deleted, following precedent from AY 2017-18. The tribunal also directed credit of advance tax paid by amalgamating entities to be given to the assessee post-amalgamation. en-us Wed, 23 Apr 2025 00:00:00 +0530 Sat, 26 Apr 2025 08:30:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769524 ITAT Delhi allowed the assessee's appeal on multiple grounds. The tribunal deleted the disallowance of labour expenses under section 36(1)(va) as the Labour Welfare Fund dues were remitted within the extended due date prescribed under Labour Laws. The double addition of ESI fund under section 43B was corrected as the assessee had already made suo moto disallowance. The upward adjustment regarding gratuity component under IND-AS was deleted, following precedent from AY 2017-18. The tribunal also directed credit of advance tax paid by amalgamating entities to be given to the assessee post-amalgamation. Case-Laws Income Tax Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769524