ESI/PF Contribution made after due Date: ITAT Disallows Deduction u/s 143(1) (a) of IT Act for Late Deposit [Read Order]

ESI or PF Contribution made after due Date - ESI - PF - due Date - ITAT Disallows Deduction - IT Act for Late Deposit - Deduction - IT Act - Late Deposit - Taxscan

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) recently disallowed the deduction under Section 143 B of the Income Tax Act, 1961 due to late deposit and ESI/PF contribution made after the due date. The assessee Vishivkarma Bikes filed his return of income declaring total income of Rs.25,86,355/-. The return was processed by…

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