Premier Irrigation Adritee Pvt. Ltd. vs. DCIT, Circle-11(1), Kolkata

Parties Involved

Facts Summary

The assessee, Premier Irrigation Adritee Pvt. Ltd., has appealed against the order dated 09.01.2024 passed by the National Faceless Appeal Centre (CIT(A)) under section 250 of the Income Tax Act. The assessee has raised several grounds of appeal, including non-compliance of notices, lack of reasonable opportunity of hearing, errors in disallowance, tax liability, addition of income, and TDS credit. The assessee has also sought leave to amend the grounds of appeal.…

Legal Issues

• 1. Disallowance made by the Assessing Officer u/s 36(1)(va) on account of delayed deposit of employees’ contribution to PF/ESI.
• 2. Disputed addition of Rs.35,41,68,666/- made by the Assessing Officer by adding back contingent liability.
• 3. Assessing Officer has not given full credit of TDS deposited on behalf of the assessee by the deductor.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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