https://www.taxtmi.com/caselaws?id=210596 The court held that despite delayed payments, the assessee was entitled to deduction for contributions to Provident Fund and Employees' Provident Fund for the financial year 2001-02. The deletion of the proviso to Section 36(1)(va) was considered a curative measure, allowing the deductions. The court also ruled that the employees' contributions, though deposited late, should not be treated as other income since they were eventually paid to the fund authorities. Consequently, the appeal was dismissed based on these findings. en-us Fri, 23 Sep 2011 00:00:00 +0530 Wed, 22 Feb 2012 07:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210596 The court held that despite delayed payments, the assessee was entitled to deduction for contributions to Provident Fund and Employees' Provident Fund for the financial year 2001-02. The deletion of the proviso to Section 36(1)(va) was considered a curative measure, allowing the deductions. The court also ruled that the employees' contributions, though deposited late, should not be treated as other income since they were eventually paid to the fund authorities. Consequently, the appeal was dismissed based on these findings. Case-Laws Income Tax Fri, 23 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210596