Deduction allowed for belated payment of contribution to PF/ESI, deposited before filing of ROI

SBW Udyog Limited Vs DCIT (ITAT Allahabad)

Deduction allowed for belated payment of employee contribution to PF/ESI, which is deposited beyond the due date stipulated under the relevant statutes governing PF/ESI, but the same stood deposited before the due date for filing of return of income.

Facts- The assessee filed its return of income u/s. 139(1) declaring a total income of Rs. 15,48,69,400/-. An amount of Rs.6,24,281/- was added to the income of the assessee on the grounds that the assessee has n

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