Delay in EPF/ESIC Deposit Attracts Disallowance Even in 143(1) Processing: ITAT Delhi

Gurdev Singh Vs ITO (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) Delhi bench heard an appeal filed by Gurdev Singh against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, dated 6 June 2024, for Assessment Year (AY) 2020–21. The only issue raised in the appeal was the disallowance of ₹12,91,486 under Sections 36(1)(va) read with Section 2(24)(x) and Section 43B of the Income Tax Act, 1961, for the delayed payment of employees’ contributions to the Employees’ State Insurance Corporation (ESIC) and Employees’ Provident Fund (EPF). The ass...