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Deputy Commissioner Of Income Tax vs Aimil Limited on 25 January, 2005

6. "We have heard the rival submissions and perused the materials available on record. The issue in the present ground is with respect to disallowance of delayed deposit of contribution received by the employees' towards provident funds and ESI fund. It is an undisputed fact that there has been delay in the actual deposit of payment to the appropriate authority but at the same time it was also a fact that all the contributions received by the assessee from its employees have been deposited before the due date of filing of return of income. We further find that identical issue arose in the case of Dee Development Engineers Ltd. (supra) wherein the Co-ordinate Bench of Tribunal after considering the decision in the case of CIT vs. AIMIL Ltd. (supra) decided the issue of the assessee by observing as under:
Income Tax Appellate Tribunal - Delhi Cites 8 - Cited by 401 - Full Document

Dcit, New Delhi vs M/S. Dee Development Engineers Ltd., ... on 8 April, 2021

6. "We have heard the rival submissions and perused the materials available on record. The issue in the present ground is with respect to disallowance of delayed deposit of contribution received by the employees' towards provident funds and ESI fund. It is an undisputed fact that there has been delay in the actual deposit of payment to the appropriate authority but at the same time it was also a fact that all the contributions received by the assessee from its employees have been deposited before the due date of filing of return of income. We further find that identical issue arose in the case of Dee Development Engineers Ltd. (supra) wherein the Co-ordinate Bench of Tribunal after considering the decision in the case of CIT vs. AIMIL Ltd. (supra) decided the issue of the assessee by observing as under:
Income Tax Appellate Tribunal - Delhi Cites 18 - Cited by 58 - Full Document

Eagle Trans Shipping & Logistics ... vs Acit, New Delhi on 25 July, 2019

4. That CIT(A) grossly erred in discarding the judicial precedents relied upon by the assessee appellant and confirm addition on relying upon the judgments of Delhi High Court in the case of 'CIT Vs. Bharat Hotels Ltd (2019) 410 ITR 417 (DeI.HC) and that of Delhi Tribunal in the case of' Eagle Trans Shipping Logistics (India) Pvt Ltd Vs. ACIT (2019) 1781TD 849 (Del.Trib)' without appreciating the fact that ratio of decision in the case of 'CIT Vs. Bharat Hotels Ltd (supra) is not applicable to the facts of the assessee appellant's case.
Income Tax Appellate Tribunal - Delhi Cites 19 - Cited by 9 - Full Document
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