https://www.taxtmi.com/caselaws?id=775153 ITAT Chandigarh examined whether a rectification adjustment on withdrawal from an Employees' Provident Fund could be sustained for the assessee's own contribution. The principle under Rule 9 of Part A of the Fourth Schedule applies only where deduction for that contribution had been claimed in earlier years and a corresponding disallowance was required then. As no deduction under section 80C had been claimed earlier against the assessee's own contribution, the adjustment to that extent was held unjustified and deleted. The taxable treatment of the employer's contribution and interest component remained unchanged. en-us Mon, 02 Jun 2025 00:00:00 +0530 Mon, 21 Jul 2025 08:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775153 ITAT Chandigarh examined whether a rectification adjustment on withdrawal from an Employees' Provident Fund could be sustained for the assessee's own contribution. The principle under Rule 9 of Part A of the Fourth Schedule applies only where deduction for that contribution had been claimed in earlier years and a corresponding disallowance was required then. As no deduction under section 80C had been claimed earlier against the assessee's own contribution, the adjustment to that extent was held unjustified and deleted. The taxable treatment of the employer's contribution and interest component remained unchanged. Case-Laws Income Tax Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775153