Deduction can’t be claimed when there is a Delay in Payment of Employee’s Contribution to PF and ESI: ITAT confirms Addition u/s 2(24)(x) [Read Order]

By Sunayana Dhal - On December 16, 2023 6:25 pm - 2 mins read
Delay in Payment - Deduction - Employee’s Contribution - PF and ESI - Employees' State Insurance - Pension Fund - TAXSCAN

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) confirmed the addition under Section 2(24)(x) of the Income Tax Act, 1961 and held that the deduction cannot be claimed when there is a delay in the payment of the employee’s contribution to Provident Fund (PF) and Employee State Insurance (ESI). The assessee, O Software…

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