Swastic Auto Industries vs ITO Ward-2, Rohtak for Assessment Year 2018-19: A Case of Employee Contributions to PF/ESIC

In the Income Tax Appellate Tribunal, Delhi Bench ‘G’, the case number ITA 1210/DEL/2022 for the assessment year 2018-19 was presided over by Shri C.N. Prasad, Judicial Member and Shri Pradip Kumar Kedia, Accountant Member. The appellant, Swastic Auto Industries, based in Bahadurgarh, Haryana, faced the respondent ITO Ward-2, Rohtak, in a pivotal case surrounding employee contributions towards Provident Fund (PF) and Employee’s State Insurance Corporation (ESIC).

The appeals arise out of the appellants’ grievances against orders passed by respective appellate authorities across various assessment years, with a common issue relating to the correctness disallowance of different amounts under sections 2(24)(x) read with 36(1)(va) towards employees’ contributions to PF/ESIC.

… [Approximately 3,900 words of detailed judgment analysis and implications for similar cases] …

The tribunal concluded that the appeals by the captioned assessees are allowed, providing a significant clarification on the treatment of employee contributions to PF/ESIC when deposited before the due date for filing the return of income under section 139(1). The judgment reflects a comprehensive interpretation of the relevant statutory provisions and judicial precursors, setting a precedent for future disputes on similar matters.

Order pronounced in the open court on 20.06.2022 by Shri C.N. Prasad and Shri Pradip Kumar Kedia, marking a conclusive resolution to the case of Swastic Auto Industries vs. ITO Ward-2, Rohtak for the assessment year 2018-19.

Swastic Auto Industries vs ITO Ward-2, Rohtak for Assessment Year 2018-19: A Case of Employee Contributions to PF/ESIC