Commissioner of Income Tax v. Salem Co-Operative Spinning Mills Limited
2001-12-03
A.K.RAJAN, R.JAYASIMHA BABU
body2001
DigiLaw.ai
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.