ITAT upholds Disallowance of PF/ESI Contributions due to Late Deposits Beyond Statutory Deadlines [Read Order]

Considering the late deposit, the ITAT upheld the Assessing Officer's decision to disallow the deduction of PF/ESI contributions
ITAT - ITAT Jaipur - Provident Fund - PF - Employees State Insurance - ESIC - Late PF ESI Deposits - Taxscan

The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the disallowance of Provident Fund (PF) and Employees’ State Insurance ( ESI ) contributions on the grounds that they were deposited after the statutory deadlines, making them ineligible for deduction under income tax law. Sanjiv Prakashan, the assessee operates in the educational…

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