Employees’ contribution to PF/ESI after statutory due dates not deductible: ITAT Ahmedabad

Shridev Procon Limited Vs DCIT (ITAT Ahmedabad)

ITAT Ahmedabad held that employees’ contribution to PF/ESI after statutory due dates but before due date of filing income tax return s not allowable as deduction. Accordingly, appeal of the assessee dismissed.

Facts- The assessee is engaged in the real estate business. The assessee filed its return of income for AY 2015-16 on 26.07.2016, declaring a total income of Rs.2,22,72,640/-. The return was processed under Section 143(1) on 01.10.2016 and the case was selected for scrutiny under CASS. The AO completed

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