BANNARI AMMAN SPINNING MILLS LIMITED, COIMBATORE V. ACIT CORPORATE CIRCLE 1, COIMBATORE

ITA 273/CHNY/2023

AI Insights

In the case of M/s. Bannari Amman Spinning Mills Ltd. vs. ACIT (Corporate Circle-1), the primary legal issue was the disallowance of late payment of Employees' Contribution to PF/ESI for the Assessment Year 2018-19. The Income Tax Appellate Tribunal, Chennai, dismissed the appeal, referencing the decision of the Supreme Court in Checkmate Services P. Ltd. Vs CIT, which supported the revenue's stance. The tribunal's decision was based on the established legal precedent, and no new arguments or evidence were presented that would warrant a different conclusion.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 133936 (ITAT-CHENNAI)
• Duration Of Justice: 1 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 23-04-2023
• Assessment Year: 2018-2019
• Appeal Filed On: 01-03-2023
• Other Referred Cases: Checkmate Services P. Ltd. Vs CIT (Civil Appeal No.2833 of 2016 dated 12.10.2022)
• Laws Referred To: Sec.43B, Sec.36(1)(va), Sec.2(24)(x)
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अिधकरण ‘बी’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH, CHENNAI माननीय +ी मनोज कु मार अ/वाल ,लेखा सद4 एवं माननीय +ी मनोमोहन दास, ाियक सद4 के सम8। BEFORE HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM AND HON’BLE SHRI MANOMOHAN DAS, JUDICIAL MEMBER आयकर अपील सं./ ITA No.273/Chny/2023 (िनधा@रण वष@ / Assessment Year: 2018-19) M/s. Bannari Amman Spinning Mills Ltd. 252, Mettupalayam Road Coimbatore – 641 043 बनाम / V s. ACIT (Corporate Circle-1) Income Tax Office, Race Course Rd. Coimbatore – 6410 018 थायी लेखा सं./जीआइ आर सं./P AN /GI R No . AAAC B - 5 1 5 2 - H (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ की ओरसे/ Appellant by : Shri Saroj Kumar Parida (Advocate) – Ld. AR थ की ओरसे/Respondent by : Shri D. Hema Bhupal (JCIT) –Ld. Sr. DR सुनवाई की तारीख/Date of Hearing : 24-04-2023 घोषणा की तारीख /Date of Pronouncement : 24-04-2023 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. In the aforesaid appeal for Assessment Year 2018-19, the sole issue that fall for our consideration is disallowance of late payment of Employees’ Contribution to PF / ESI in terms of Sec.43B r.w.s. 36(1)(va) as well as Sec.2(24)(x). During hearing, it transpires that the impugned issued stood covered in revenue’s favor by the decision of Hon’ble Supreme Court in bunch of appeals titled as Checkmate Services P. Ltd. Vs CIT (Civil Appeal No.2833 of 2016 dated 12.10.2022). The impugned order has merely followed this decision. - 2 - This position remains uncontroverted before us. Therefore, no interference is called for in the impugned order. 2. The appeal stand dismissed Order pronounced in open court on 24 th April, 2023. Sd/- (MANOMOHAN DAS) ाियक सद4 /JUDICIAL MEMBER Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद4 / ACCOUNTANT MEMBER चे*ई / Chennai; िदनांक / Dated : 24-04-2023 EDN/- आदेश की Sितिलिप अ /ेिषत/Copy of the Order forwarded to : 1. अपीलाथ /Appellant 2. यथ /Respondent 3. आयकर आयु3/CIT 4. िवभागीय ितिनिध/DR 5. गाड फाईल/GF