Delayed deposit of ESI/PF u/s 36(1)(va)- ITAT allowed deduction

Transzone Logistrics (India) Pvt. Ltd. Vs DCIT (ITAT Delhi) It is an undisputed fact that though there has been delay in deposit of PF/ESI dues but it is also an undisputed fact that money collected from employees, have been deposited with the appropriate authorities before filing of return of income. We find that Delhi Bench of Tribunal in the case of Dee Development Engineers Ltd. [2021 – ITAT DELHI] after considering the decision of Bharat Hotels [2018  DELHI HIGH COURT] has decided the issue in favour of the assessee – no disallowance u/s 36(1)(va) of the Act is called for in the pres...