https://www.taxtmi.com/caselaws?id=775704 The ITAT Chennai held that the AO's allowance of employees' contribution towards PF/ESI was not erroneous or prejudicial to Revenue, as it was consistent with the jurisdictional HC ruling favoring the assessee. The AO's assessment framed before the Supreme Court's Checkmate decision was a plausible view and could not be faulted. Regarding limitation, the assessment for AY 2017-18 was held to be unabated under sections 153C read with 153A, as the search occurred after the expiry of the regular assessment period. However, since no incriminating material was found during the search to justify disallowance of PF/ESI contributions, the AO rightly refrained from making additions. The appeal was allowed in favor of the assessee. en-us Wed, 18 Jun 2025 00:00:00 +0530 Tue, 29 Jul 2025 08:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775704 The ITAT Chennai held that the AO's allowance of employees' contribution towards PF/ESI was not erroneous or prejudicial to Revenue, as it was consistent with the jurisdictional HC ruling favoring the assessee. The AO's assessment framed before the Supreme Court's Checkmate decision was a plausible view and could not be faulted. Regarding limitation, the assessment for AY 2017-18 was held to be unabated under sections 153C read with 153A, as the search occurred after the expiry of the regular assessment period. However, since no incriminating material was found during the search to justify disallowance of PF/ESI contributions, the AO rightly refrained from making additions. The appeal was allowed in favor of the assessee. Case-Laws Income Tax Wed, 18 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775704