PF Delay Partly Disallowed, MAT Issue Sent Back for Verification

Gujarat State Electricity Corporation Ltd. Vs DCIT (ITAT Ahmedabad) PF Delay Partly Disallowed, MAT Issue Remanded & Flood-Loss Allowed: Ahmedabad ITAT Decides Cross Appeals in Gujarat State Electricity Corporation Ahmedabad ITAT, Bench ‘D’, in cross appeals Gujarat State Electricity Corporation Ltd. Vs DCIT (ITA Nos.1596 & 1653/Ahd/2024; AY 2006-07; order dated 18-12-2025), partly allowed the assessee’s appeal for statistical purposes and dismissed the Revenue’s appeal. On employees’ contribution to PF, the Tribunal upheld the CIT(A)’s finding that ₹76,114 relating to de...