ITAT upheld disallowance of Belated Employee Contribution to EPF/ESIC in Section 143(1) Proceedings

Weather Comfort Engineers Private Limited Vs ADIT-CPC (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) in Delhi has upheld the disallowance of belated employees contribution to Provident Fund/ESIC, ruling it permissible in section 143(1) proceedings. The appeal by Weather Comfort Engineers Private Limited against ADIT-CPC stemmed from a late deposit of employees’ contribution, leading to a notable decision that could set precedent for future cases. The ruling indicates a firm stance by the ITAT towards late contributions to employee welfare schemes. In this case, the assessee challe...