PF & ESI Deduction allowed on payments being made beyond due date as per parent legislation but before filing ITR

PF & ESI Deduction allowed on payments being made beyond due date as per parent legislation but before filing ITR This appeal pertains to the dis…

CA Pratibha Goyal

Mar 24, 2022

Last update on Mar 24, 2022

PF & ESI Deduction allowed on payments being made beyond due date as per parent legislation but before filing ITR This appeal pertains to the disallowance of PF and ESI payments on account of these payments being made beyond the due date specified under the specific parent legislation but before filing of the Income Tax Return. Assessee Quoted various case laws well settled in favor of the assessee and against the revenue in this matter.

Shagun Foundary (P) Ltd Vs. CIT, 145 DTR 265
CIT vs. AIMIL Limited, (2010) 188 Taxman 265 (Del.)
Pr CIT vs. PRO Interactive service (India) Pvt. Ltd. ITA 983/2018, dated 10.09.2018

In the light of the decisions cited above in above, the honorable ITAT directed the AO to delete the impugned disallowance in the hands of the Taxpayer. To Read Judgement Download PDF Given Below:

About Author

CA Pratibha Goyal

Co Founder

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.