JUDGMENT

V KAMESWAR RAO, J.

1. The present appeal has been filed under Section 260A of the Income Tax Act, 1961 ("the Act" hereinafter), challenging the order dated 09.01.2023 passed by the Income Tax Appellate Tribunal ("ITAT" hereinafter) in ITA No.2293/DEL/2022 filed by the Revenue (respondent herein) in respect of Assessment Year (AY) 2019-20.

2. The appellant is a Partnership Firm engaged in the business of manufacturing, supply and export of leather products like leather shoes, leather garments under the name of Woodland.

3. On 30.11.2019 the appellant filed its return of income of ₹15,78,68,550/- electronically for assessment year 2019-20 under Section 139(1) of Act and same was selected for scrutiny by notice dated 17/12/2019 issued u/s 143(1)(a) of Act wherein adjustments to the tune of ₹4,14,22,293/- were proposed to be deducted from the income of the appellant by the APO, Centralized Processing Centre, Income Tax Department [The Assessment Officer (AO)] on account of payment of Provident Fund, Employer's State Insurance and Labour Welfare Fund to the extent of the disputed amount deposited beyond the due date of the relevant fund under the Act.

4. The appellant filed it