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2001 DIGILAW 1569 (MAD)

Commissioner of Income Tax v. Salem Co-Operative Spinning Mills Limited

2001-12-03

A.K.RAJAN, R.JAYASIMHA BABU

body2001
Judgment :- R. JAYASIMHA BABU, J. There is no merit in this appeal. The Tribunal has rightly held that the amounts paid towards provident fund and E.S.I. dues were amounts which were required to be deducted while computing the taxable income of the assessee. The amounts had been paid within the grace period provided under the relevant statutes. The appeal is dismissed.