Tribunal held that failure to deposit entire amount towards employees contribution on account of PF and ESI with concerned department on or before due date prescribed under relevant statutes- is not entitle to deduction. (AY. 2013-14)
Eagle Trans Shipping & Logistics (India) (P.) Ltd. v. ACIT (2019) 178 ITD 849 (Delhi)(Trib.)
S. 36(1)(va) : Any sum received from employees–Failure to deposit entire amount towards employees contribution on account of PF and ESI with concerned department on or before due date prescribed under relevant statutes- Not entitle to deduction. [S.2(24)(x), 139(1)]