Shyamal Kundu Vs. DCIT, (CPC)/DCIT, Circle - 32(1), Kolkata
Case No: 1112/KOL/2024
Court: Income Tax Appellate Tribunal, Kolkata 'C' Bench
Date: 1/21/2025
Parties Involved
AppellantShyamal Kundu
RespondentDCIT, (CPC)/DCIT, Circle - 32(1), Kolkata
Facts Summary
The assessee, Shyamal Kundu, filed a return of income showing a total income of Rs. 7,32,150/- on 09.02.2021 for the assessment year 2021-22. An intimation under section 143(1) of the Income Tax Act was issued on 30.11.2021, showing a total income of Rs. 63,45,620/-. The assessee filed an appeal before the Ld. CIT(A) against the addition of Rs. 56,13,470/- relating to employees’ contribution for ESI & PF, claiming that these contributions were deposited within the due date of filing the return u…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the addition of Rs. 56,13,470/- on account of late deposit of employees’ contribution to respective funds is justified.
Precedents Relied Upon
3 precedents cited in this judgement.