Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 6, Cited by 6]

Income Tax Appellate Tribunal - Delhi

Onkar Infotech Private Limited, New ... vs Jcit Special Range-7, Delhi on 20 June, 2022

                       IN THE INCOME TAX APPELLATE TRIBUNAL,
                              DELHI BENCH 'G', NEW DELHI

             BEFORE SHRI C.N. PRASAD, JUDICIAL MEMBER AND
             SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER
Sr.      ITA No(s)       Asst.                   Appeal(s) by                            Assessee By         Revenue By
Nos                     Year(s)          Appellant      vs. Respondent
                                         Appellant           Respondent
1.     801/Del/2022     2019-20    Sandeep Kumar Agarwal         Asstt. Director of      Sh. Akul Agarwal,   Sh. Abhishek
                                       C/o Akul Agarwal &          Income Tax,           Advocate            Kumar, Sr.DR
                                  Associates D2/20, Ground          Bengaluru
                                     Floor, Sector-10, DLF,
                                       Faridabad, Haryana-
                                              121006
2.    1200/Del/2022     2019-20        Rahul Sharma, Flat        ITO , Ward - 2 (2),           None               --do--
                                       No.1001, 10th Floor,          Faridabad
                                   Aagman Society, Secotr-
                                          70, Faridabad
3.     1249/Del/2022    2019-20       IFFCO Kisan Sanchar        ACIT, Circle - 12 (1)         None               --do--
                                     Ltd.,C-1, IFFCO Sadan,          New Delhi
                                       Saket Place, District
                                        Centre, New Delhi
4.     1210/Del/2022    2018-19    Swastic Auto Industries,         ITO, Ward-2,               None               --do--
                                   1279, MIE, Bahadurgarh,            Rohtak
                                     Bahadurgarh, Haryana
5.     1215/Del/2022    2018-19         Chahal Security &           ITO, Ward- 3               None               --do--
                                  Services, Delhi Road, Near          Rohtak
                                    Bamal Hospital, Rohtak
6.     1292/Del/2022    2019-20            MH Exports,                  ITO,              Sh. Divyanshu           --do--
                                         Opp Lal Masjid,            Ward -1 (1),             Agarwal,
                                            Moradabad                Moradabad              Advocate
7.    1370/Del/2022     2018-19       Span Air Pvt. Ltd. 1st            ACIT,            Sh. M. R. Sahu,          --do--
                                  Floor, Vijaya Building, 17       Circle-24(1),         CA
                                        Barakhamba Road,             New Delhi
                                            New Delhi
8.     1306/Del/2022    2019-20    Shiv Sai Vision LLP, GF-            ITO                Sh. D. C. Garg,         --do--
                                     16, Ozone Centre, Plot         Ward- 1 (3),                CA
                                         No.9, Sector-12,           Faridabad            Sh. Ankit Gupta,
                                                                                                CA
                                             Faridabad
9.     1305/Del/2022    2019-20   Blue Stamping & Forgings         ACIT, Circle-1        Sh. R. A. Gupta,         --do--
                                    Ltd. Plot No.12, Sector-         Faridabad                  CA
                                  25, Ballabhgarh, Haryana
10.    1341/Del/2022    2018-19        Bhansali Cables and              ACIT                   None               --do--
                                       Conductors (P) Ltd.,         Circle - 4 (2)
                                     GB-17, Najafgarh Road,          New Delhi
                                         Shivaji Enclave,
                                        New Delhi -110027
11.    1381/Del/2022    2018-19   Pawan Kumar Sharma, E-         ITO, Ward- 44 (1),            None               --do--
                                       44, Raja Puri, Uttam            Delhi
                                           Nagar, Delhi
12.    763/Del/2022     2018-19      Onkar Infotech Private        JCIT, Special            Sh. Suneer            --do--
                                       Limited, First Foor,        Range-7, Delhi           Kunsia, CA
                                          Hansalaya, 15,
                                       Barakhambad Road,
                                        Connaught Place,
                                            New Delhi
13.    1109/Del/2022    2019-20   Pepsoco India Holdings P.      ACIT, Circle - 19       Sh. Anmol Anand,         --do--
                                       Ltd, 1st 5th 6th Floor,    (1), New Delhi             Advocate
                                    intellion Edge, Tower-A,                                 Ms. Priya
                                                                                         Tandon, Advocate
                                  Southern Periphery Road,
                                       Sector-72, Gurgaon
14.    1277/Del/2022    2019-20    Micro Rubber Industries       ITO, Ward- 17 (2),            None               --do--
                                           P. Ltd., Delhi           New Delhi
15.    1276/Del/2022    2018-19    Micro Rubber Industries       ITO, Ward- 17 (2),            None               --do--
                                     P. Ltd., C-8, Mayapuri         New Delhi
                                   Industrial Area, Phase-II,
                                                Delhi
16.    1265/Del/2022    2018-19       MH Exports, Opp. Lal        ITO, Ward-1 (1),        Shri Divyanshu          --do--
                                        Mandir, Moradabad           Moradabad                Agarwal,
                                                      2
                                                                               Advocate

17.   1253/Del/2022   2019-20      Sungadh, Jawahar        ITO, Ward -2 (2)     None          --do--
                                   Market, GMD Road,         Moradabad
                                        Moradabad
18.   1245/Del/2022   2017-18        Mira Exim Ltd,             ACIT          Sh. Ekansh
                                  523-524, World Trade      Circle -16 (2)    Gupta, CA
                                Centre, Barakhamba Lane,     New Delhi
                                        New Delhi




              Date of hearing:                             20.06.2022
              Date of Pronouncement:                       20.06.2022


                                             ORDER

PER BENCH :

The present appeals are filed by the above captioned assessees feeling aggrieved by the orders passed by respective appellate authorities for various assessment years mentioned hereinabove.

2. The common issue involved in all these cases relates to correctness disallowance of different amount u/s. 2(24) (x) r.w.s 36 (1) (va) towards employees contribution to PF/ ESIC.

3. It was contended by the Counsels in chorus that the assessee's captioned above have deposited the employees contribution to PF/ ESIC well before the prescribed date for filing the return of income u/s.139(1) although there may be some delinquency in abiding by the due date prescribed under the prescribed Act.

3

4. We have heard the rival submissions and perused the material available on record. The issue is no more res-integra. The issue has already been settled in favour of the assessee by various judicial pronouncements by the Tribunal. The Hon'ble Jurisdictional High Court of Delhi in the case of PCIT vs Pro Interactive Service (India) Pvt.Ltd. in ITA No.983/2018 [Del.] order dated 10.09.2018 held as under:-

"In view of the judgement of the Division Bench of Delhi High Court in Commissioner of Income Tax versus AIMIL Limited, (2010) 321 ITR 508 (Del.) the issue is covered against the Revenue and, therefore, no substantial question of law arises for consideration in this appeal.

The legislative intent was/is to ensure that the amount paid is allowed as an expenditure only when payment is actually made. We do not think that the legislative intent and objective is to treat belated payment of Employee's Provident Fund (EPD) and Employee's State Insurance Scheme (ESI) as deemed income of the employer under section 2(23)(x) of the Act."

5. As far as reliance by Ld. DR on the amendment brought out by Finance Act, 2021 is concerned, "notes on clauses" to the Finance Bill 2021 clearly states that the amendment will take effect from 01st April 2021 and will prospectively apply in relation to the assessment year 2021-22 and subsequent assessment year. In 4 such a situation, we are of the view that the amendment brought out by Finance Act, 2021 does not apply to the assessment year under consideration.

6. Before us, the Revenue has not placed any material on record to demonstrate that the aforesaid order cited hereinabove has been overruled/stayed/set aside by higher judicial forum. In view of the aforesaid facts, we are of the view that the AO was not justified in denying the deduction claimed by the assessee on account of late deposit of PF/ESI/EPF, albeit before filing the return of income. Admittedly, in all the above-stated matters, the Revenue had not contended that the assessee has deposited the contribution after the filing of the return of income.

7. Apropos to ITA No.1109/Del/2022 concerning Assessment Year 2019-20 in the case of Pepsoco India Holdings Private Limited appearing at Serial No.13 the impugned addition has been made while processing the return of income under Section 143(1) of the Act. The Co-ordinate Bench of the Tribunal in the case of Kalpesh Synthetics (P.) Ltd. vs. DCIT (2022) 137 taxmann.com 475 (Mum. Trib) observed that scope of prima facie disallowance under Section 143(1) is inherently very limited and only such disallowance can be made under this statutory provision as can be conclusively held to be inadmissible based on material on record. The claim of the assessee for allowability of employee's contribution to 5 PF/ESIC under Section 36(1)(va) r.w.s. 2(24)(x) of the Act is backed by binding judicial precedent of the Hon'ble Jurisdictional High Court and hence such adjustments under Section 143(1), at the minimum, cannot fall in this category. Hence on this score also, the adjustments towards employees contribution to PF/ESIC resulting in disallowance thereof is not permissible in law.

8. We have proceeded to conclude the issue of allowability of expenses attributable to employee provident fund and employee state insurance scheme on the assurance that the employee's contributions towards PF & ESI have been deposited before the due date of filing of return of income. However, the Revenue shall be at liberty to seek restoration of the appeal where it is found as a matter of fact that the assessee has failed to deposit the employee's contribution before the due date of filing of return of income stipulated u/s 139(1) of the Act in accordance with law. In view of the above and respectfully following the decision of the Hon'ble Jurisdictional High Court of Delhi cited hereinabove, we allow the appeals filed by the captioned assessees.

9. In the result, all captioned appeals of the respective assessees are allowed.

6

Order pronounced in the open court on 20.06.2022.

              Sd/-                                      Sd/-
 (C.N. PRASAD)                                    (PRADIP KUMAR KEDIA)
JUDICIAL MEMBER                                   ACCOUNTANT MEMBER
Date:-20.06.2022
*Neha, Sr. Private Secretary*
Copy forwarded to:
1.     Appellant
2.     Respondent
3.     CIT
4.     CIT(Appeals)
5.     DR: ITAT
                                                               ASSISTANT REGISTRAR
                                                                     ITAT NEW DELHI




           Draft dictated
           Draft placed before author
           Approved Draft comes to the Sr.PS/PS
           Order signed and pronounced on
           File came to P.S.
           File sent to the Bench Clerk
           Date on which file goes to the AR

Date on which file goes to the Head Clerk.

Date of dispatch of Order.

Date of uploading on the website