Disallowance towards delayed payment of PF & ESIC unjustified as amount paid before due date of return u/s 139(1)

Malgudi Foods Pvt Ltd Vs DCIT (ITAT Mumbai)

ITAT Mumbai held that disallowance towards payment of PF & ESIC u/s 36(1)(va) unjustified as the amount is deposited before the due date of return of income u/s 139(1) of the Income Tax Act.

Facts- The assessee Company engaged in the business of Hospitality services & granting of franchise. The assessee’s books of ac Counts are audited u/s 44AB of the Act and filed the return of income for the A.Y 2018-19 on 20.10.2

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