Disallowance untenable as employees’ cont. to ESI/ PF paid before date of return

ACIT Vs Amardeep Singh Bedi (ITAT Delhi) No disallowance is called for, on belated payment of employees’ contribution to ESI and PF in case the assessee deposited the said contribution before due date for filing of return of income under Income Tax Act Facts- The appeal is preferred by the revenue against CIT(A) order deleting the disallowance of Rs. 1,53,61,566/- being the delayed payment of employees’ contribution to ESI and PF under section 36(1)(va) of the Income Tax Act. Conclusion– Tribunal in the case of Raj Kumar Vs. ITO has held that the amendment brought in by Finance Act, ...