Assessing Officer disallowed payments made by assessee towards employees’ contribution to PF and ESI after due date as prescribed under Explanation (1) to section 36(1)(va) but before due date of filing of return of income. Tribunal confirmed disallowance. On appeal the Court held that the Tribunal is justified in confirming disallowance made by Assessing Officer. (AY. 2008-09)
Inditrade Capital Ltd. v. CIT (2024) 301 Taxman 638 (Ker.)(HC)
S. 36(1)(va) : Any sum received from employees-Payment was made after due date prescribed under respective Acts-Order of Tribunal disallowing the expenses is affirmed. [S. 260A]