2012 (10) TMI 1264

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..... e appeal filed by the assessee is against the order of the Commissioner of Income-tax(Appeals)-II, Ludhiana dated 09.03.2012 relating to assessment year 2007-08 against the order passed under section 143(3) of the Income Tax Act, 1961. 2. The present appeal is filed after a delay of 29 days. The assessee moved an application for condonation of delay of 29 days in filing the present appeal. The .....

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..... appeal is against the addition of Rs.1,86,799/- made on account of employees contribution on account of Provident Fund and ESIC. The learned A.R. for the assessee at the outset pointed out that the issue stands covered by the ratio laid down in CIT Vs. M/s Lakhani India Ltd. (2010) 188 Taxman 132 (P H). 4. The learned D.R. for the Revenue placed reliance on the order of the CIT (Appeals). .....

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..... s a deduction. We find that the issue raised is squarely covered by the ratio laid down by the Jurisdictional High Court in CIT Vs. M/s Lakhani India Ltd.(supra). Following the above said ratio laid down by the Hon'ble Punjab Haryana High Court, CIT Vs. M/s Lakhani India Ltd.(supra) we direct the Assessing Officer to allow the deduction 3 of Rs.1,86,799/- being the contribution made by the e .....

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