https://www.taxtmi.com/caselaws?id=465324 The ITAT Chennai accepted the Revenue's rectification request under section 254(2), finding a mistake apparent from the record and aligning the earlier order with the connected lead matters. It also noted that employees' contributions to provident fund and ESI deposited after the due date under the relevant welfare laws could be disallowed at the processing stage under section 143(1). The rectification application was allowed, and income was directed to be recomputed by disallowing the late-deposited employees' contributions. en-us Mon, 31 Jul 2023 00:00:00 +0530 Tue, 16 Dec 2025 18:58:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465324 The ITAT Chennai accepted the Revenue's rectification request under section 254(2), finding a mistake apparent from the record and aligning the earlier order with the connected lead matters. It also noted that employees' contributions to provident fund and ESI deposited after the due date under the relevant welfare laws could be disallowed at the processing stage under section 143(1). The rectification application was allowed, and income was directed to be recomputed by disallowing the late-deposited employees' contributions. Case-Laws Income Tax Mon, 31 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465324