Income Tax Appellate Tribunal Mumbai in Deutsche India Pvt.Ltd.vs. Asstt. Director of Income TaxITA No. 2842/Mum./2022,on February 22, 2023 while reiterating the judgment of Supreme Court given in Checkmate Services (P.) Ltd. vs CIT, [2022] 448 ITR 518 (SC)upheld the order passed by the Commissioner of Income Tax holding that if the employer fails to deposit the entire amount towards employees’ contribution on account of provident fund with concerned department on or before the due date under the relevant statute, the asses see (being the employer’s entity) shall not be entitled for deduction to that extent.
Also read: During proceedings pendency workman cannot be dismissed without approval: Karnataka HC
Stay connected with us on social media platform for instant update click here to join our LinkedIn, Twitter & Facebook
