Disallowance u/s 36(1)(va) deleted in absence of adequate intimation

Ketan Brothers Diamondz Exports Vs ACIT (ITAT Mumbai)

Disallowance on delay in payment toward employee’s contribution to PF u/s 36(1)(va) via u/s 143(1) deleted in absence of adequate intimation to the assessee.

Facts-

The first issue arising in present appeal is pertaining to disallowance of Rs.32,140, on account of alleged delay in payment towards employee’s contribution to Provident Fund (P.F.) under section 36(1)(va) r/w section 2(24) of the Act, by the Centralized Processing Centre, Bengaluru, while processing the income tax return under section 143(1) of the Act, which was upheld by the learned CIT(A).

The next issue arising in present appeal is pertaining to disallowance of Rs. 14,52,311 as personal expenditure incurred on motor cars, salary and bonus to driver and depreciation on motor car.

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