Lion Services 210, Padma, Tower II Rahendra Place, Delhi Vs. Addl. JCIT Ludhiana
Parties Involved
Facts Summary
The assessee, Lion Services, filed a return of income declaring a total income of Rs. 23,83,25,437/- on 30.10.2019. The Central Processing Centre (CPC) Bangalore issued a communication of proposed adjustment under section 143(1)(a) of the Income Tax Act. After the assessee submitted a response, the CPC added Rs. 1,54,21,853/- to the assessee's income on account of delayed payment of ESI and PF contributions. The Commissioner of Income Tax, Appeal (CIT(A)) dismissed the assessee's appeal against this addition, upholding the addition on the basis of the Supreme Court's judgment in Checkmate Services Pvt. Ltd Vs. Commissioner of Income Tax.…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the addition of Rs. 1,54,21,853/- on account of delayed payment of ESI and PF contributions is valid.
Judgment Outcome
Decided in favour of Assessee.
Precedents Relied Upon
2 precedents cited in this judgement.
Similar Judgements
Kachan Metals Pvt. Ltd. vs. DY. CIT, Circle -8(1)
Kolkata benchAY 2022-23AllowedT P Roy Chowdhury & Company Pvt. Ltd vs. DCIT, Circle-7(1), Kolkata
Kolkata Bench benchAY 2017-18AllowedGurdev Singh vs. Income Tax Officer, Ward-1(3)
Delhi Bench benchAY 2020-21DismissedB.S. Sponge Pvt. Ltd. Vs ADIT, CPC Bengaluru
Kolkata benchAY 2021-22AllowedKota Trucks P. Ltd. Vs. ACIT Circle -14(2) New Delhi
E Factor Adventure Tourism P. Ltd. Vs. Deputy Commissioner of Income Tax
Delhi Bench benchAY 2017-18Partly Allowed