Disallowance sustained as employees’ share to PF/ESI not paid within stipulated due date

Nandi Hospitality Services Private Limited Vs DCIT (ITAT Bangalore)

ITAT Bangalore held that disallowance as per section 36(1)(va) r.w.s. 2(24)(x) of the Income Tax Act sustained as amount of employees’ share of contribution of PF/ESI not paid within due date stipulated in the respective Act.

Facts- Deputy Commissioner of Income Tax has made addition of Rs. 14,78,835/- towards Disallowance of expenditure indicated in the audit report but not taken into account in computi

Please become a Premium member. If you are already a Premium member, login here to access the full content.