PF/ESI Disallowance: Checkmate Ruling Applies Retrospectively, ITAT Confirms Reason

TalentPro India HR Private Limited Vs DCIT (ITAT Chennai) Doctrine of Prospective Overruling wont apply unless it is so indicated in the decision- No Prospective Mercy for PF/ESI Default -Checkmate is Retro, Says ITAT Assessee filed returns for AY 2018-19 & 2019-20. CPC, while issuing intimation u/s 143(1), made disallowances of employees’ contribution to PF & ESIC on the ground of delay in remittance beyond the due dates prescribed under the respective welfare statutes. On appeal, CIT(A) confirmed the additions by relying on the Supreme Court judgment in Checkmate Services Pvt. Ltd....