Disallowance of late deposit of employees’ share of PF/ ESI beyond due date is justified

Vishivkarma Bikes Vs DCIT (ITAT Chandigarh) ITAT Chandigarh held that late deposit of employees’ share of PF/ ESI contribution to the relevant funds beyond prescribed due date as per respective Act is liable to be disallowed. Facts- The return was processed by the CPC and order under section 143(1) dt. 03/09/2019 was passed wherein the disallowance of Rs. 154,701/- invoking the provisions of Section 143(1)(a)(iv) was made for fault of the assessee to pay the employees contribution to PF/ESI before the prescribed due date under the relevant statue. Against the said intimation and the disallow...