2000 (12) TMI 875

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....d May 3, 1995, for the assessment year 1992-93. The Department has taken the ground that the Commissioner of Income-tax (Appeals) erred in deleting the disallowance of Rs. 5,93,770 under section 43B and addition of Rs. 5,93,768 under section 2(24)(x) read with section 36(1)(va) in the computation of its income. During the course of hearing, the learned Departmental Representative has contend....

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.....F. Scheme"). As the tea estates are in the remote places, the manager/superintendent of the company was empowered to grant provident fund advance and settle provident fund dues of the employees on retirement. It was further brought to our notice by the learned Authorised Representative that with a view to making advances, settling dues on retirement, etc., payments were authorised out of perio....

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....nt fund scheme of other States where the employees are to apply to the provident fund authority for any advance or settlement of their claims should not applied in the instant case. We have gone through the record and heard the rival contentions. It has been observed that sections 43B and 36(1)(va) do not apply in the assessee's case in view of the "standing order" of the Provident Fund Control....