https://www.taxtmi.com/caselaws?id=119929 The Tribunal allowed deductions for belated payments towards Provident Fund and ESI made before the due date for filing the return under section 139(1) of the Income-tax Act for assessment year 2001-02. It held that the amendment introduced by the Finance Act, 2003, should be applied retrospectively based on the Supreme Court's interpretation of the first proviso to section 43B, setting aside the lower authorities' disallowance orders. en-us Fri, 15 Sep 2006 00:00:00 +0530 Sat, 14 Jul 2012 12:04:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119929 The Tribunal allowed deductions for belated payments towards Provident Fund and ESI made before the due date for filing the return under section 139(1) of the Income-tax Act for assessment year 2001-02. It held that the amendment introduced by the Finance Act, 2003, should be applied retrospectively based on the Supreme Court's interpretation of the first proviso to section 43B, setting aside the lower authorities' disallowance orders. Case-Laws Income Tax Fri, 15 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119929