2024 (10) TMI 589 - AT - Income Tax

Intimation orders passed u/s 143(1) - disallowance on account of delayed contribution to Provident Fund and Employees's State Insurance which were debatable and contentious in nature - applicability of provisions of section 158AB(1)(a) - assessee filed Application in Form 8 invoking Section 158(A)(1) of the Act that identical Question of Law is admitted and pending before the Hon ble High Court of Gujarat in assessee s own case for the Asst. Year 2017-18 - HELD THAT - As Recording the statements of the assessee and the Ld. Assessing Officer, the appeals filed by the assessee are hereby dismissed with liberty the Assessing Officer to apply the ratio of the Judgment to be rendered by the Hon ble High Court of Gujarat in 2024 (3) TMI 1357 - GUJARAT HIGH COURT as per the provisions of Section 158A(1) of the Act and apply for the respective Asst. Years 2018-19 2019-20. Appeals filed by the Assessee are hereby dismissed.

Summary

The appeals filed by the Assessee were dismissed by the Appellate Tribunal ITAT Ahmedabad. The Tribunal ruled that the outcome of a pending judgment in the High Court of Gujarat would be binding on the Assessee for the Assessment Years 2018-19 and 2019-20.