ITAT allowed the assessee's appeal regarding deduction of...

ITAT allowed the assessee's appeal regarding deduction of employees' superannuation fund contributions under section 36(1)(va). The assessee made payments after the scheme's prescribed due date but before the return filing due date under section 139(1). The tribunal upheld CIT(A)'s finding that contributions deposited before section 139(1) due date qualify for deduction, provided the superannuation fund maintains approved status. CIT(A) properly directed the assessing officer to verify the fund's approval status and allow the claim accordingly. The tribunal found no infirmity in CIT(A)'s order and deemed the directions fair and reasonable. Appeal allowed for statistical purposes.