Facts of the Case
The assessee, SBW Udyog Ltd., filed appeals against
orders of the Commissioner of Income Tax (Appeals), National Faceless Appeal
Centre, for Assessment Years 2017-18 and 2019-20. The Assessing Officer had
made additions to the income of the assessee on account of delayed deposit of
employees’ contributions towards Provident Fund (PF) and Employees’ State
Insurance (ESI).
Although the contributions were deposited before
the due date of filing the income tax return under Section 139(1), they were
paid after the due dates prescribed under the respective PF and ESI statutes.
The additions were made under Section 36(1)(va) read with Section 2(24)(x) of
the Income-tax Act.
Issues
Involved
- Whether employees’ PF/ESI contributions deposited after statutory
due dates but before filing the income tax return are allowable
deductions.
- Whether Section 43B can override Section 36(1)(va) in respect of
employees’ contributions.
- Whether the disallowance confirmed by CIT(A) was legally
sustainable.
Petitioner’s
Arguments (Assessee)
- The assessee contended that the contributions had been deposited
before the due date of filing the return under Section 139(1).
- It was argued that such payments should be allowed as deductions, relying on earlier judicial precedents where courts permitted deductions if payment was made before return filing.
Respondent’s
Arguments (Revenue)
- The Revenue submitted that employees’ contributions are governed
specifically by Section 36(1)(va), which requires deposit within the due
dates under the relevant welfare statutes.
- It was argued that Section 43B applies only to employer
contributions and cannot cure delays in employees’ contributions.
- The Revenue relied on the Supreme Court decision in Checkmate
Services (P) Ltd., which clarified the legal position against the
assessee.
Court Order / Findings (ITAT)
- Employees’ contributions to PF/ESI must be deposited within the due
dates prescribed under the respective Acts.
- Payment after those dates results in disallowance under Section
36(1)(va).
- Section 43B cannot be invoked to allow delayed employees’
contributions.
- The issue now stands settled by the Supreme Court in Checkmate Services (P) Ltd., which is binding.
Important
Clarification
- Employees’ contributions and employer contributions are treated
differently under the Income-tax Act.
- Deduction for employees’ share is allowed only if deposited within
statutory due dates under PF/ESI laws.
- Payment before the income tax return filing date does not cure the
delay for employees’ contributions.
- The ruling reinforces strict compliance requirements for
payroll-related statutory deposits.
Link to download the order - https://itat.gov.in/public/files/upload/1670582295-ITA%20Nos.%2032%20and%2033%20Alld%202022%20SBW%20Udyog%20Ltd.pdf
Disclaimer
This content is shared strictly for general information and knowledge purposes only. Readers should independently verify the information from reliable sources. It is not intended to provide legal, professional, or advisory guidance. The author and the organisation disclaim all liability arising from the use of this content. The material has been prepared with the assistance of AI tools.
0 Comments
Leave a Comment