ITAT Grants Partial Relief on Minor Deposit & Depreciation Claims, Disallows Late ESIC & Commission Payments

ITAT granted partial relief on minor deposit depreciation claims but disallowed late ESIC (Employees' State Insurance Corporation) commission payments. This ruling represents a mixed outcome for the assessee. The partial relief on depreciation suggests that the ITAT found some merit in those claims. However, the disallowance of late ESIC payments indicates a strict interpretation of the rules regarding the timing of such statutory contributions for claiming tax deductions.