ITAT Delhi Remands EPF, Contingent Liability Case

Howe Robinson Shipping India Pvt. Ltd Vs ACIT (ITAT Delhi) Income Tax Appellate Tribunal (ITAT) Delhi, in the case of Howe Robinson Shipping India Pvt. Ltd. versus the Assistant Commissioner of Income Tax (ACIT), has remitted two key disallowances back to the tax authorities for re-verification. The appeal, pertaining to Assessment Year (AY) 2020-21, addressed issues related to a contingent liability disallowance and a disallowance for delayed employee provident fund (EPF) contributions. Howe Robinson Shipping India Pvt. Ltd., engaged in the ship brokering business, had filed its original inco...