ITAT Upholds disallowance for belated employees’ contributions to PF/ESIC

BT Data and Surveying Services India Pvt Ltd Vs ITO (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) in Delhi has made an important ruling in the case of BT Data and Surveying Services India Pvt Ltd Vs ITO. The judgement centres around the disallowance of belated employee contributions to Provident Fund (PF) and Employees’ State Insurance Corporation (ESIC) under sections 36(i)(va) and 43B of the Income Tax Act, 1961. Analysis: Despite several opportunities granted for compliance, the assessee failed to appear, leading the ITAT Delhi to proceed ex-parte. The Revenue department argue...