https://www.taxtmi.com/caselaws?id=775622 An adjustment under section 143(1) cannot be sustained merely because a claim is reported in the wrong return-field where the underlying pension bond fair value adjustment under IND AS-109 needs factual verification; the disallowance was therefore set aside and remanded. The same approach applied to the contribution to pension and gratuity trust, where bank evidence and audit disclosure indicated payment before the statutory due date, but the matter had been treated as unpaid without proper verification. Both additions were overturned at the appellate stage and sent back to the Assessing Officer for fresh factual examination and decision in accordance with law. en-us Fri, 25 Jul 2025 00:00:00 +0530 Tue, 14 Oct 2025 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775622 An adjustment under section 143(1) cannot be sustained merely because a claim is reported in the wrong return-field where the underlying pension bond fair value adjustment under IND AS-109 needs factual verification; the disallowance was therefore set aside and remanded. The same approach applied to the contribution to pension and gratuity trust, where bank evidence and audit disclosure indicated payment before the statutory due date, but the matter had been treated as unpaid without proper verification. Both additions were overturned at the appellate stage and sent back to the Assessing Officer for fresh factual examination and decision in accordance with law. Case-Laws Income Tax Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775622