Tag Archives: IN THE ITAT JABALPUR BENCH

EPF/ESI delayed by web portal technical glitches is deductible under Section 36(1)(va).

By | September 9, 2026
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EPF/ESI delayed by web portal technical glitches is deductible under Section 36(1)(va). Issue Whether a one-day delay in remitting employee EPF/ESI contributions due to technical glitches and non-availability of the payment gateway/EPFO web portal beyond the assessee’s control constitutes a violation of Section 36(1)(va) disallowing the deduction. Facts Assessee & Assessment Year: The assessee is… Read More »

Capital gains depend on actual possession, while arbitrary valuation averaging is completely legally invalid.

By | July 9, 2026
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Capital gains depend on actual possession, while arbitrary valuation averaging is completely legally invalid. Issue Whether capital gains tax is triggered by an unregistered agreement without parting with possession or only upon the final registered transfer of physical possession. Whether arbitrary mathematical averaging of conflicting valuations by appellate authorities and ignoring taxpayer objections by the… Read More »