disallowance u/s 43B

  • Income Tax

Disallowance u/s 43B deleted as GST payable was not debited to Profit & Loss account

Disallowance u/s 43B deleted as GST payable was not debited to Profit & Loss account and was paid before due…

2 months ago
  • Income Tax

Disallowance for delayed deposit of PF/ESI prior to SC judgment deleted by ITAT

No disallowance for delayed deposit of PF/ESI prior to judgment of Supreme Court Disallowance of u/s 36(1)(va) for delayed deposit…

2 months ago
  • Income Tax

Employers contribution not covered under Supreme Court order in case of Checkmate

Employers contribution not covered under Supreme Court order in case of Checkmate. Payment by cheque within due date allowed by…

1 year ago
  • Income Tax

Disallowance of belated deposit of Employees’ PF contribution u/s 43B Supreme Court settles law  

Disallowance of belated deposit of Employees’ contribution of PF/ESI u/s 43B even if deposited before due date of ITR filing…

2 years ago
  • Income Tax

Disallowance u/s 36(1)(va) for delayed EPF deposit. Amendment by Finance Act is prospective – ITAT

Disallowance u/s 36(1)(va) for delayed EPF deposit. Amendment by Finance Act is prospective - ITAT ABCAUS Case Law Citation ABCAUS…

2 years ago
  • Income Tax

Amendment by Finance Act 2021 for disallowance u/s 43B retrospective or prospective is debatable – ITAT

Amendment by Finance Act 2021 for disallowance u/s 36(1)(va) read with u/s 43B retrospective or prospective is debatable & controversial…

2 years ago
  • Income Tax

Debentures issued in lieu of interest liability allowable expenditure u/s 43B – Supreme Court

Debentures issued in lieu of interest liability allowable expenditure u/s 43B read with Explanation 3C - Supreme Court ABCAUS Case…

3 years ago
  • Income Tax

Disallowance u/s 36(1)(va) for delayed EPF deposit. Explanation-5 to section 43B not retrospective

Disallowance u/s 36(1)(va) for delayed deposit of employees  contribution of EPF. Explanation-5 to section 43B not retrospective - ITAT ABCAUS…

3 years ago
  • Income Tax

NFAC bound by decision of Jurisdictional High Court. ITAT urges CBDT TO recall all such orders

NFAC is bound by binding decision of Jurisdictional High Court when AO is situated within territorial and subjective jurisdiction of…

3 years ago
  • budget-2021

Payment by employer of employee contribution after due date to be disallowed . Budget 2021-22

Payment by employer of employee contribution after due date to be disallowed  Clause (24) of section 2 of the Income…

3 years ago