ITAT upheld addition for delayed deposit of employees’ contribution to PF/ESI

DCIT Vs Automac Diesels (ITAT Bangalore) ITAT held that addition can be made in respect of the employees’ contribution in regard to PF/ESI, which has not been deposited within the stipulated date as per the respective Act, since in the case on hand, the assessee has not deposited the employees, contribution within the due date as per the respective Act. Therefore, the disallowance can be made as per section 36(1)(va) r.w.s. 2(24)(x) of the Act. FULL TEXT OF THE ORDER OF ITAT BANGALORE Present miscellaneous petition (M.P.) is filed by the revenue against order passed by the Tribunal in ITA No...