ITAT Delhi upholds disallowance of belated payment to PF/ESIC

S K G Traders P Ltd Vs DCIT (ITAT Delhi) S K G Traders P Ltd filed an appeal before the ITAT Delhi challenging the disallowance of employees’ contribution to Provident Fund/ESIC under section 36(i)(va) read with section 43B of the Income Tax Act for the assessment year 2019-20. The appeal argued that the contribution was paid before the due date of filing the return and should not be disallowed. However, the appellant did not appear for the hearing, and the ITAT proceeded ex-parte. The ITAT Delhi considered the issue of taxability of belated payment of employees’ contribution to Pr...