Late Deposit to Employee’s PF due to National Holiday is allowable: Delhi HC rules in Favour of PepsiCo India [Read Order]

Delhi High Court - Late - Deposit - Employee - National - Holiday - allowable - Favour - PepsiCo India - taxscan

The Delhi High Court in the case of Pepsico India Holding Ltd has held that a late deposit to the employee’s Provident Fund (PF )due to a national holiday is allowable. The question was whether the Income Tax Appellate Tribunal (Tribunal) misdirected itself in law in concluding that even if employees’ contribution concerning the provident…

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