BMW INDUSTRIES LIMITED,KOLKATA vs. DCIT, CENTRAL CIRCLE 4(1),, KOLKATA

In the result, all the three appeals of the assessee are allowed

28,30,401/- u/s 36(1)(va) of the Act in respect of delayed payment of PF and ESI Fund. ii. Disallowance u/s 40A(7) of the Act, being provision for payment of gratuity. iii. Addition u/s 68 of the Act in respect of loan of ₹30,00,000/- treated as unexplained cash credit and interest thereon

BMW INDUSTRIES LIMITED ,KOLKATA vs. DCIT, CENTRAL CIRCLE 4(1),, KOLKATA

In the result, all the three appeals of the assessee are allowed