1999 (8) TMI 118

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.... passed by the CIT(A), Calicut, in the income-tax assessment for the asst. yr. 1992-93. The only ground raised by the assessee in this appeal is that the CIT(A) erred in confirming the disallowance of a total sum of Rs. 1,46,702 claimed as a deduction as payment towards provident fund and employees state insurance. 2. The assessee is a private company engaged in the manufacture of tiles and rid....

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....wards provident fund and employees state insurance on the view that the liability did not relate to the year under consideration. Shri Warrier stated that though the assessee had claimed deduction for the liability for the asst. yr. 1991-92, the same was not allowed for the reason that the liability was outstanding as on the last day of the accounting year and that the payment had not been made be....

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....for again denying the deduction for the subsequent year when the assessee had actually made the payment. Arguing on the above lines, the learned representative urged us to reverse the order of the CIT(A) and to allow the assessee's claim for deduction of the amount. 4. The Departmental Representative, Smt. T. Prasannakumari, on the other hand, supported the order of the CIT(A) and submitted tha....

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....previous year. Shri Warrier filed before us a statement showing the dates on which the payments had been made. We notice that the entire sum of Rs. 1,46,702 had been remitted by the assessee during the previous year ending on 31st March, 1992. The assessee's claim is for deduction of the amount for the asst. yr. 1992-93 on actual payment basis. In the case of Hunsur Plywood Works Ltd. vs. Dy. CIT ....