PF Employees’ Contribution Was Debatable Pre-SC – No 143(1) Disallowance: ITAT Bangalore

CAE Simulation Technologies Pvt. Ltd. Vs Centralized Processing Centre (ITAT Bangalore) PF Employees’ Contribution – Debatable Issue Prior to Supreme Court Decision – Disallowance Cannot Be Made u/s 143(1): ITAT Bangalore The ITAT Bangalore held that disallowance of employees’ contribution to PF u/s 36(1)(va) cannot be made through adjustment u/s 143(1) when, at the time of processing the return, the issue was debatable and covered in favour of the assessee by jurisdictional High Court decisions. In the present case, the assessee filed its return declaring income of about ₹10...