ITAT Delhi dismisses Claim for delayed deposit of Employees’ Contribution to PF & ESI

Drishti Apparels Vs DCIT (ITAT Delhi) ITAT Delhi has dismissed the appeal of Drishti Apparels against the disallowance of deduction claimed for delayed deposit of employees’ contribution to Provident Fund (PF) and Employees’ State Insurance (ESI). The CPC had noticed that the contributions were not deposited within the due date prescribed under the relevant statutes, and the deduction was deemed inadmissible. The rectification application was rejected, and the first appellate authority confirmed the disallowance. The appeal relates to the disallowance of a deduction claimed for del...