https://www.taxtmi.com/caselaws?id=158674 The Tribunal allowed the appeal of the assessee, directing the Assessing Officer to allow the deductions for employees' contribution to Provident Fund and expenses on commission and brokerage. The Tribunal held that employees' contribution paid before the due date for filing the return is allowable under section 43B, rejecting the disallowance made by the CIT(A) under section 36(1)(va) read with section 2(24)(x). Additionally, the Tribunal accepted the consistent method of the assessee in paying commission when sale proceeds are realized, overturning the disallowance of commission and brokerage expenses as prior period expenses. en-us Mon, 22 Mar 2010 00:00:00 +0530 Wed, 20 Sep 2023 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158674 The Tribunal allowed the appeal of the assessee, directing the Assessing Officer to allow the deductions for employees' contribution to Provident Fund and expenses on commission and brokerage. The Tribunal held that employees' contribution paid before the due date for filing the return is allowable under section 43B, rejecting the disallowance made by the CIT(A) under section 36(1)(va) read with section 2(24)(x). Additionally, the Tribunal accepted the consistent method of the assessee in paying commission when sale proceeds are realized, overturning the disallowance of commission and brokerage expenses as prior period expenses. Case-Laws Income Tax Mon, 22 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158674