2024 (1) TMI 552

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....e Respondent : Shri Kanav Bali, Sr.DR ORDER PER PRADIP KUMAR KEDIA-A.M. : The captioned appeal has been filed by the assessee against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi ('CIT(A)' in short) dated 24.03.2023 arising from the intimation order dated 28.10.2021 passed by the Assessing Officer (AO) under Section 143(1) of the Inc....

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.... (CPC) processed intimation under Section 143(1) dated 28.10.2021 and inter alia disallowed Rs. 17,83,170/- claimed by the assessee towards employer's contribution to PF/ESI in tune with Section 43B of the Act wrongly assuming it to be employee contribution. However, on realizing the mistake, the CPC suo motu rectified the aforesaid intimation by passing order dated 15.06.2022 under Section 143(1)....

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....le to employer's contribution emanates from facts on record and therefore, the order of the CIT(A) requires to be set aside to restore the stance of the assessee and assess correct income in accordance with law. On being inquired by the Bench, the ld. counsel fairly submitted that another dispute of Rs. 72,093/- raised in the grounds of appeal relates to late deposit of PF/ESIC towards employee's ....