ITAT Pune Confirms CPC Adjustment – Late PF/ESI Payments Not Deductible

Surendra Devid Thokal Vs ITO (ITAT Pune) ITAT Confirms CPC Adjustment – Late Employee PF/ESI Payments Not Deductible– ITAT Follows Supreme Court in Checkmate Services Assessee’s return was processed u/s 143(1) wherein CPC disallowed ₹50.74 lakh invoking section 36(1)(va), citing delay in depositing employees’ contributions as per respective welfare statutes. The order mentioned that notice dated 15.05.2019 was issued to the Assessee before the adjustment. On appeal, CIT(A) confirmed the disallowance relying on the Supreme Court judgment in Checkmate Services Pvt. Ltd. v. CIT (448 ITR...