https://www.taxtmi.com/caselaws?id=218736 The ITAT allowed the appeal, overturning the disallowance of employees' contribution to P.F. and E.S.I.C. under section 43B due to minor delays in depositing the contributions. The ITAT emphasized the retrospective application of the second proviso to section 43B and referenced the Supreme Court decision in Alom Extrusions Ltd., leading to the reversal of the lower authorities' findings and directing to allow the claim. The ITAT highlighted consistency in decisions across Co-ordinate Benches, ensuring the allowance of such claims. en-us Fri, 20 Jan 2012 00:00:00 +0530 Tue, 20 Nov 2012 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218736 The ITAT allowed the appeal, overturning the disallowance of employees' contribution to P.F. and E.S.I.C. under section 43B due to minor delays in depositing the contributions. The ITAT emphasized the retrospective application of the second proviso to section 43B and referenced the Supreme Court decision in Alom Extrusions Ltd., leading to the reversal of the lower authorities' findings and directing to allow the claim. The ITAT highlighted consistency in decisions across Co-ordinate Benches, ensuring the allowance of such claims. Case-Laws Income Tax Fri, 20 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218736