https://www.taxtmi.com/caselaws?id=773341 ITAT Delhi partially allowed the assessee's appeal regarding customs duty interest and PF contribution disallowances. The tribunal deleted additions related to customs fines under sections 125(1) and 112(a) of Customs Act, 1962, following precedent that classified these as fines rather than penalties, making them deductible. However, regarding PF contribution disallowance under section 36(1)(va), the tribunal followed Supreme Court precedent in Checkmate Services case, confirming payments made beyond due dates are not allowable. The matter was remitted to AO to verify actual payment dates and allow only contributions made before statutory due dates. en-us Thu, 24 Apr 2025 00:00:00 +0530 Sat, 21 Jun 2025 08:28:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773341 ITAT Delhi partially allowed the assessee's appeal regarding customs duty interest and PF contribution disallowances. The tribunal deleted additions related to customs fines under sections 125(1) and 112(a) of Customs Act, 1962, following precedent that classified these as fines rather than penalties, making them deductible. However, regarding PF contribution disallowance under section 36(1)(va), the tribunal followed Supreme Court precedent in Checkmate Services case, confirming payments made beyond due dates are not allowable. The matter was remitted to AO to verify actual payment dates and allow only contributions made before statutory due dates. Case-Laws Income Tax Thu, 24 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773341