2009 (9) TMI 969

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e-President) This appeal by the assessee relates to the AY 2005-06 and is directed against the order of the CIT(A) by which he sustained the disallowance of ₹ 2,72,501 made u/s.43B of the IT Act. 2. While completing the assessment, the Assessing Officer noted from the tax audit report that the assessee has deposited the employees' contribution of ₹ 2,72,501 to the provident fund afte....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....us that the aforesaid contributions towards PF and ESI have been paid before the due date of filing of return u/s.139(1) of the Act in the light of view taken by the Hon'ble Delhi High Court in the case of CIT Vs. PM Electronics, 220 CTR (Del) 635 and the decision of Hon'ble Apex Court in the case of Vinay Cement Ltd. (supra), we have no hesitation in holding that the employees' contribution towar....