2022 (8) TMI 517

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....ed in the business of labour contractor for laying and fixing marble and tiles in the name of Sarvodaya Enterprises and filed the return of income on 30.10.2019 for A.Y. 2019-20 declaring total income of Rs.8,94,88,900/-. In the intimation issued u/s 143(1) of the Act by CPC, Bangalore vide Identification No. CPC/1920/A5/1976793745 dated 05.03.2020, the total income was determined at Rs. 8,97,96,530/-. Aggrieved by the intimation issued u/s 143(1) of the Act, assessee carried the matter before CIT(A) who vide order dated 07.09.2020 in Appeal No.10027/20- 21 dismissed the appeal of the assessee. Aggrieved by the order of CIT(A), assessee is now in appeal and has raised the following grounds: 1. "That on proper interpretation of the ....

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....osited before the due date. He submitted that though there has been delay in deposit of PF/ESIC Contributions but all the contributions received by the assessee from its employees have been deposited with the appropriate authorities before the filing of return of income by the assessee. He therefore submitted that since the amounts have been deposited before the filing of return of income, no disallowance is called for and for aforesaid proposition, he relied on the decision in the case of Azamgarh Steel & Power vs. CPC in ITA No.1626/Del/2020 dated 31.05.2021 and CIT vs. AIMIL Ltd. [2010] 188 Taxman 265 (Delhi) and various other decisions. 6. Learned DR on the other hand supported the order of lower authorities and also placed reliance ....