Thursday, March 19, 2020

Belated payment of employee's PF contribution is allowable if paid before due of filing return; SLP dismissed

INCOME TAX : SLP dismissed as withdrawn due to low tax effect against High Court ruling that provident fund/employees' provident fund/contributory provident fund/general provident fund, etc., if paid after due date under respective Act but before filing of return of income under section 139(1), same cannot be disallowed

from www.taxmann.com Latest Case Laws https://ift.tt/38ZXX6I

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...