Adjustment towards disallowance in terms of section 36(1)(va) are permissible under scope of section 143(1)

Mahabir Dyeing and Printing Mills Pvt. Ltd. Vs DCIT (ITAT Mumbai) ITAT Mumbai held that disallowance of delayed payment of employee’s contribution to PF and ESIC in terms of section 36(1)(va) is incorrect claim apparent from any information in the return. Accordingly, adjustment is permissible under the scope of section 143(1). Facts- This appeal is filed by the assessee order of the Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi dated 08.09.2021 for the A.Y.2018-19. Notably, the Assessee has challenged the disallowance of ₹.4,37,188/- being payment of...