{"id":32931,"date":"2023-02-25T11:41:41","date_gmt":"2023-02-25T06:11:41","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-strides-arcolab-ltd-2023-450-itr-129-sc-editorial-decision-of-bombay-high-court-reversed-cit-v-strides-arcolab-ltd-ita-no-376-of-2017-dt-22-3-2019\/"},"modified":"2023-09-04T11:22:07","modified_gmt":"2023-09-04T05:52:07","slug":"pcit-v-strides-arcolab-ltd-2023-450-itr-129-sc-editorial-decision-of-bombay-high-court-reversed-cit-v-strides-arcolab-ltd-ita-no-376-of-2017-dt-22-3-2019","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-strides-arcolab-ltd-2023-450-itr-129-sc-editorial-decision-of-bombay-high-court-reversed-cit-v-strides-arcolab-ltd-ita-no-376-of-2017-dt-22-3-2019\/","title":{"rendered":"PCIT v. Strides Arcolab Ltd. (2023) 450 ITR 129\/ 129 Taxman 530 (SC) Editorial: Decision of Bombay High Court, reversed, CIT v. Strides Arcolab Ltd (ITA No. 376 of 2017 dt. 22-3-2019"},"content":{"rendered":"<p>Allowing the appeal of the Revenue the Court held that, contributions to provident fund and employees\u2019 state insurance\u00a0 which are not deposited in respective fund within stipulated time is\u00a0 not allowable\u00a0 as deduction. Followed Checkmate Services P. Ltd (2022) 448 ITR 518 (SC)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 43B : Deductions on actual payment-Contributions to provident fund and employees\u2019 state insurance-Not deposited in respective fund within stipulated time-Not allowable  as deduction. [S. 36(1)(va)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-32931","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8z9","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=32931"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32931\/revisions"}],"predecessor-version":[{"id":36690,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32931\/revisions\/36690"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}