https://www.taxtmi.com/caselaws?id=470392 Employees' PF/ESI contributions deposited after the due date under the relevant welfare law are not deductible merely because payment precedes the income-tax return filing date; the article records that the disallowance was sustained. Where an asset was used for less than 180 days in its acquisition year, the unclaimed balance of additional depreciation may be allowed in the immediately succeeding year, subject to verification. Interest for deferment of advance tax under Section 234C is computed on tax due on returned income, rather than assessed income; recomputation on that basis was directed. en-us Wed, 10 Jan 2024 00:00:00 +0530 Sat, 25 Jul 2026 14:06:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470392 Employees' PF/ESI contributions deposited after the due date under the relevant welfare law are not deductible merely because payment precedes the income-tax return filing date; the article records that the disallowance was sustained. Where an asset was used for less than 180 days in its acquisition year, the unclaimed balance of additional depreciation may be allowed in the immediately succeeding year, subject to verification. Interest for deferment of advance tax under Section 234C is computed on tax due on returned income, rather than assessed income; recomputation on that basis was directed. Case-Laws Income Tax Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470392