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TMI Blog2021 (9) TMI 225X X X X Extracts X X X X X X X X Extracts X X X X ..... /s. 234C - HELD THAT:- Against charging the aforesaid interest, the assessee has filed appeal before the ld. CIT(A) and requested to direct the Assessing Officer to charge interest under the aforesaid sections in accordance with the provision of the Act. Without reiterating the facts as mentioned above, we direct the Assessing Officer to examine the issue of computing interest u/s. 234B and 234C after examination of the submission of the assessee in accordance with the provision of section 234B and 234C of the Act respectively. Accordingly, this ground of appeal of the assessee is allowed for statistical purposes. - ITA No. 316/Ahd/2019 - - - Dated:- 27-8-2021 - Mahavir Prasad, Member (J) And Amarjit Singh, Member (A) For the Appe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erest charged under Section 234C while filing revised return of income is ₹ 6,86,362. It is submitted that it be so held now. 3. The fact in brief is that return of income declaring total income of ₹ 6,06,69,680/- was filed. The case was subject to scrutiny assessment and notice u/s. 143(2) of the Act was issued on 12th Sep, 2016. During the course assessment, the Assessing Officer noticed that assessee has made late payment of employees contribution towards ESI/EPF to the amount of ₹ 14,80,156/-. The Assessing Officer has disallowed the same after referring the provision of section 36(1)(va) r.w.s. 2(24)(x) that the deduction from employees' contribution is allowable only if such sum is credited by employer (asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e assessee has filed appeal before the ld. CIT(A) and requested to direct the Assessing Officer to charge interest under the aforesaid sections in accordance with the provision of the Act. However, it is noticed that no specific direction has been provided by the ld. CIT(A) on the aforesaid grounds of appeal raised by the assessee. 8. Heard both the sides and perused the material on record. Without reiterating the facts as mentioned above, we direct the Assessing Officer to examine the issue of computing interest u/s. 234B and 234C after examination of the submission of the assessee in accordance with the provision of section 234B and 234C of the Act respectively. Accordingly, this ground of appeal of the assessee is allowed for statisti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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