ITA Nos.2756 & 2746/Mum/2024 Abbott Healthcare Pvt. Ltd.

Parties Involved

Facts Summary

The case involves cross appeals by Abbott Healthcare Pvt. Ltd. (appellant) and the Revenue (respondent) against the order of the Additional/Joint Commissioner of Income-tax (Appeals)-1, Chandigarh, dated 23.03.2024, passed under section 250 of the Income Tax Act, 1961, for the assessment year 2019-20. The appellant has raised grounds of appeal regarding the validity of the intimation issued under section 143(1) of the Act, the disallowance of employee's contribution to provident fund, and the disallowance of expenditure incurred on membership and annual subscription fees paid for clubs. The revenue has raised grounds regarding the allowance of gratuity provision. The assessee filed its return of income on 28.11.2019 and a revised return on 30.11.2020. The CPC, Bengaluru, made certain adjustments under section 143(1) of the Act, which were contested by the assessee. Both parties appealed to the Income Tax Appellate Tribunal, Mumbai.…

Legal Issues

• 1. Validity of the intimation issued under section 143(1) of the Act
• 2. Disallowance of employee's contribution to provident fund
• 3. Disallowance of expenditure incurred on membership and annual subscription fees paid for clubs

Judgment Outcome

Decided in favour of Partly Assessee / Partly Revenue.

Precedents Relied Upon

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