Contribution to PF under EPF Act allowable despite non recognition from I.T. dept u/s 2(38)

1. Brief facts of the case are that during the course of assessment proceedings, the A.O observed that the assessee has claimed an expenditure of Rs. 15,36,414/- as contribution towards Employee’s Provident Fund. The assessee was specifically asked by the A.O to provide copy of approval by the CCIT/ CIT vide question No. 14 to letter dated 10.10.2013 whether the provident fund is recognized by the ld. CIT. 4. The A.O was not satisfied with the explanation of the assessee and he disallowed the contribution made to the recognized Provident Fund amounting to Rs. 15,36,414/-. 5. The ld. counse...