https://www.taxtmi.com/caselaws?id=62295 The Tribunal allowed the assessee's appeal against the disallowance of a deduction for payment towards provident fund and employees state insurance. The Tribunal held that the deduction should be allowed based on actual payment, irrespective of the year to which the liability related. It was clarified that the due date for deduction as per section 43B applied only to employees' contributions, not the employer's. Therefore, the assessee was entitled to deduct the contributions in the year of actual payment, reversing the CIT(A)'s order. en-us Tue, 17 Aug 1999 00:00:00 +0530 Wed, 19 Jan 2011 11:22:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62295 The Tribunal allowed the assessee's appeal against the disallowance of a deduction for payment towards provident fund and employees state insurance. The Tribunal held that the deduction should be allowed based on actual payment, irrespective of the year to which the liability related. It was clarified that the due date for deduction as per section 43B applied only to employees' contributions, not the employer's. Therefore, the assessee was entitled to deduct the contributions in the year of actual payment, reversing the CIT(A)'s order. Case-Laws Income Tax Tue, 17 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62295