178 results for “disallowance”+ Section 41clear
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Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
section 10A the addition made on account of the disallowance of the provident fund/ESIC payments ought to be ignored cannot be accepted. No statutory provision to that effect having been made, the plain consequence of the disallowance made by the Assessing Officer must follow. The second question shall accordingly stand answered against the revenue and in favour of the assessee