https://www.taxtmi.com/highlights?id=88446 ITAT adjudicated a tax dispute regarding disallowance of employees' provident fund contributions deposited after statutory due dates. Despite being processed under section 143(1) prior to the Supreme Court's Checkmate judgment, the tribunal upheld disallowance of such contributions. Following precedents from BPS Infrastructure and Allied Motors, the tribunal determined that late contributions remain non-deductible. The assessee's challenge to the disallowance was rejected, with the tribunal affirming the CIT(A)'s reasoning that late statutory payments cannot be considered eligible for tax deduction. Consequently, the assessee's appeal was dismissed, maintaining the original disallowance of provident fund contribution expenses. en-us Fri, 16 May 2025 08:40:38 +0530 Fri, 16 May 2025 08:40:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88446 ITAT adjudicated a tax dispute regarding disallowance of employees' provident fund contributions deposited after statutory due dates. Despite being processed under section 143(1) prior to the Supreme Court's Checkmate judgment, the tribunal upheld disallowance of such contributions. Following precedents from BPS Infrastructure and Allied Motors, the tribunal determined that late contributions remain non-deductible. The assessee's challenge to the disallowance was rejected, with the tribunal affirming the CIT(A)'s reasoning that late statutory payments cannot be considered eligible for tax deduction. Consequently, the assessee's appeal was dismissed, maintaining the original disallowance of provident fund contribution expenses. Highlights Income Tax Fri, 16 May 2025 08:40:38 +0530 https://www.taxtmi.com/highlights?id=88446