Belated deposit of employees contribution to PF / ESIC is not allowable

Kalyan Silks Trichur (P) Ltd. Vs. Joint Commissioner Of Income Tax (Kerala High Court) These appeals are filed by the assessee impugning the common order passed by the Income Tax Appellate Tribunal, Kochi Bench in I.T.A. Nos.461 and 462 of 2015 concerning the Assessment Years 2008-09 and 2009-10. 2. The common questions of law framed read as under: “1. Whether on the facts and in the circumstance of the case the appellate Tribunal is justified in dismissing the appeal against the impugned orders for the reasons that the employees contribution to ESI & PF deposited after the statutory...