Disallowances on delay in making payment towards PF & ESI can’t be initiated when payment is made before filing of ITR
Contents News/Article Date: 31st August 2023
Relating to which Act: The Income Tax Act 1961; Central Board of Revenue Act, 1963
Applicable to which State: Whole of India
Type: The Income Tax Act of 1961 is a comprehensive statute that sets the rules and regulations that govern taxation in India. The Income Tax Act contains a total of 23 chapters and 298 sections according to the official website of the Income Tax Department of India.
Pertains to: Establishments and Employees
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And in this instance: The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the disallowances on grounds of delay in making the payments towards the Provident fund (PF) and Employees state insurance (ESI) cannot be initiated when the payment is made before filling of the Income Tax Return (ITR). The common grievance in all these appeals…
Subject: Disallowances on Delay in making Payment towards PF & ESI can’t be initiated when Payment is made before filling of ITR: ITAT
Appended is the complete news item
Disallowances on Delay in making Payment towards PF & ESI can’t be initiated when Payment is made before filling of ITR: ITAT
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the disallowances on grounds of delay in making the payments towards the Provident fund (PF) and Employees state insurance (ESI) cannot be initiated when the payment is made before filling of the Income Tax Return (ITR). The common grievance in all these appeals…