Assistant Commissioner of Income-Tax, Circle -1, , Nashik V. Sunsuba Powerdeal Ltd, Nashik

ITA 666/PUN/2021

• Counselvise Citation: [2022] 107 COUNSELVISE.COM (IT) 1104 (ITAT-PUNE)
• Duration Of Justice: 8 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-08-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2018-2019
• Appeal Filed On: 08-12-2021
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 154

Judgement Text

आयकर अपीलीय अधिकरण “बी” न्यायपीठ पुणे में । IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, PUNE BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER आयकर अपील सं. / ITA No.666/PUN/2021 धििाारण वर्ा / Assessment Year : 2018-19 Asstt. Commissioner of Income Tax, Circle – 1, Nashik .......अपीलार्थी / Appellant बिाम / V/s. Sunsuba Powerdeal Ltd., 29A, First Floor, Vasant Market, Canada Corner, Near Dongare Vasati Gruha, Nashik – 422005 PAN : AARCS0951J ......प्रत्यर्थी / Respondent Assessee by : Shri Sanket Joshi Revenue by : Shri M.G. Jasnani सुिवाई की तारीख / Date of Hearing : 30-08-2022 घोर्णा की तारीख / Date of Pronouncement : 01-09-2022 आदेश / ORDER PER S.S. VISWANETHRA RAVI, JM : This appeal by the Revenue against the order dated 13-10-2021 passed by the National Faceless Appeal Centre, Delhi (‘NFAC’) for assessment year 2018-19. 2. The Revenue raised two grounds of appeal amongst which the only issue emanates for our consideration is as to whether the CIT(A), NFAC, Delhi justified in deleting the addition of Rs.1,94,18,282/- on account of 2 ITA No.666/PUN/2021, A.Y. 2018-19 delayed payment of the employee’s contribution to EPF and ESIC u/s. 36(1)(va) of the Act in the facts and circumstances of the case. 3. We note that the assessee is a company. The DCIT, CPC, Bangalore vide intimation u/s. 154 of the Act made addition of Rs.1,94,18,282/- on account of disallowance u/s. 36(1)(va) towards delayed payment of employee’s contribution to EPF and ESIC. The assessee contended that the employee’s contribution towards PF has been paid before the due date of filing of return of income for A.Y. 2018-19 but however the CPC, Bangalore Delhi did not accept the submissions of assessee and the CIT(A), NFAC remanded the issue to the file of AO for verification, with a direction that the assessee is entitled for claiming deduction that if the employee’s contribution is paid within due date of filing of return of income. We note that the CIT(A) did not dispute the payment of employee’s contribution by the assessee within due date of filing of return of income and it is evident from the impugned order that the assessee paid the employee’s contribution towards provident fund before the due date of filing of Income Tax Return. Therefore, the order of CIT(A) is justified. Thus, the assessee is entitled for deduction and grounds raised by the Revenue are dismissed. 4. In the result, the appeal of Revenue is dismissed. Order pronounced in the open court on 01 st September, 2022. Sd/- Sd/- (Inturi Rama Rao) (S.S. Viswanethra Ravi) ACCOUNTANT MEMBER JUDICIAL MEMBER पुणे / Pune; ददिांक / Dated : 01 st September, 2022. रधव 3 ITA No.666/PUN/2021, A.Y. 2018-19 आदेश की प्रधतधलधप अग्रेधर्त / Copy of the Order forwarded to : 1. अपीलार्थी / The Appellant. 2. प्रत्यर्थी / The Respondent. 3. The CIT(A), NFAC, Delhi. 4. The CIT concerned. 5. धवभागीय प्रधतधिधि, आयकर अपीलीय अधिकरण, “बी” बेंच, पुणे / DR, ITAT, “B” Bench, Pune. 6. गार्ा फ़ाइल / Guard File. //सत्याधपत प्रधत// True Copy// आदेशािुसार / BY ORDER, वररष्ठ धिजी सधचव / Sr. Private Secretary आयकर अपीलीय अधिकरण ,पुणे / ITAT, Pune