This article discusses the tribunal appeal filed by Ravindra Nath Sahni against the decision made by the Commissioner of Income Tax (Appeals), Delhi concerning the disallowance of ESI and PF payments for the assessment year 2019-20.
The appellant, Ravindra Nath Sahni, contested the disallowance of Employee’s State Insurance (ESI) and Provident Fund (PF) payments which were deemed deductible as per the Income Tax Act, despite being paid before the filing of the income tax return.
The tribunal reviewed the precedents set by various courts and the amendments to the Income Tax Act provided by the Finance Act 2021. It was determined that the appellant’s payments were in compliance with the legislative requirements, leading to the conclusion that the disallowance made by the initial assessing officer was incorrect.
The Tribunal’s decision emphasized the importance of adhering to the legislative amendments and prior court decisions, supporting the appellant’s case and ruling against the initial disallowance by the ACIT CPC, New Delhi. The case underscores the critical nature of timely compliance and the judicial process in resolving tax disputes.
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