Case Law Details
Pr. CIT Vs Orchid Pharma Ltd. (Madras High Court)
Employee’s contribution towards Provident Fund (PF) and Employees’ State Insurance (ESI) should be paid within the due date as provided in the related statutes to be allowed as deduction under Section 36(1)(va) of the Income Tax Act, 1961.
FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT
We have heard Mrs. R. Hemalatha, learned Senior Standing Counsel appearing on behalf of Mr. T.R. Senthilkumar, learned Senior Standing Counsel for the appellant – Revenue. Considering the fact that the assessee was not represented before the Tribunal and that proceedings are pending against the assessee before the National Company Law Tribunal (NCLT), we have not issued notice to the respondent – assessee.
2. These appeals, filed by the Revenue under Section 260A of the Income Tax Act, 1961 (for short, the Act), are directed against the common order dated 13.12.2018 in ITA. Nos. 650 & 651/Chny/2018 on the file of the Income Tax Appellate Tribunal, Chennai ‘D’ Bench respectively for the assessment years 2013-14 and 2014-15.
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