2018 (6) TMI 498

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..... AS HIGH COURT) deleted the disallowance made by the Assessing Officer. Since the CIT(Appeals) has followed the judgment of jurisdictional High Court, which is binding on all the authorities, this Tribunal do not find any reason to interfere with the order of the lower authority and accordingly the same is confirmed. Addition under Section 43B - Delay in making employees contribution - Held that .....

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..... t the order of the Principal Commissioner of Income Tax (Appeals) -1, Chennai, dated 22.05.2017 and pertains to assessment year 2012-13. 2. The first ground of appeal is with regard to disallowance made by the Assessing Officer under Section 14A of the Income-tax Act, 1961 (in short 'the Act'). 3. We heard Shri AR.V. Sreenivasan, the Ld. Departmental Representative and Shri G. Seetha .....

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..... ntative and Shri G. Seetharaman, the Ld. representative for the assessee. The CIT(Appeals) by placing reliance on the judgment of Madras High Court in CIT v. Industrial Security and Intelligence India (P.) Ltd. in TC(A). No.585 586 of 2015, allowed the claim of the assessee. It is not in dispute that the employees contribution was deposited before the due date for filing the return of income. Th .....

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