AO Disallows PF Contribution for Exceeding 27% of Employer Salary, Neglects Wages Inclusion: ITAT Allows ₹4,78,966 Claim [Read Order]
Considering AO neglected the inclusion of wages and disallowed for exceeding 27%, ITAT Allows ₹4,78,966 PF contribution claim
By Kavi Priya - On November 30, 2024 12:33 pm - 2 mins read
The Ahmedabad Bench of the ITAT allowed the assessee’s Rs. 4,78,966 Provident Fund (PF) contribution claim overturning the Assessing Officer (AO)’s disallowance for exceeding the 27% limit as he failed to include wages in the calculation. The assessee, Ven Singh filed an appeal against the disallowance of Rs. 4,78,966 related to Provident Fund (PF) contributions…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
