Late Payment of Employees’ PF/ESIC Contributions not allowable u/s 36(1)(va)

Giri Bahadur Vs Ward (ITAT Mumbai)

Introduction: The case of Giri Bahadur vs. Ward, adjudicated by the Income Tax Appellate Tribunal (ITAT) Mumbai, revolves around the disallowance of late deposits of employees’ contributions towards Provident Fund (PF) and Employees’ State Insurance Corporation (ESIC). The ITAT’s decision emphasizes the significance of adhering to statutory deadlines in tax matters.

Detailed Analysis:

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