Delayed PF/ESIC contributions cannot be disallowed via Section 154 when the issue was debatable.
Delayed PF/ESIC contributions cannot be disallowed via Section 154 when the issue was debatable. Issue Whether an Assessing Officer can invoke Section 154 to rectify an assessment and disallow delayed employees’ PF and ESIC contributions when the issue was legally debatable on the date of the rectification order, and whether such a rectification can be… Read More »