https://www.taxtmi.com/caselaws?id=249440 The HC held that under amended section 43B read with section 36(i)(va), deductions for delayed PF payments are allowable if made before filing the income tax return, applying retrospectively from 1 April 1988. Employers are entitled to deductions only if contributions are credited by the due date specified in the relevant Act. The Tribunal's deletion of additions for delayed PF payments was upheld, with no substantial question of law arising, decision against Revenue. Regarding bond registration charges under section 37(1), the Tribunal and CIT(A) correctly treated the expenditure as revenue in nature and allowable. Their findings were not perverse or erroneous, leading to dismissal of Revenue's appeal on this point as well. en-us Fri, 11 Jul 2014 00:00:00 +0530 Mon, 28 Jul 2025 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249440 The HC held that under amended section 43B read with section 36(i)(va), deductions for delayed PF payments are allowable if made before filing the income tax return, applying retrospectively from 1 April 1988. Employers are entitled to deductions only if contributions are credited by the due date specified in the relevant Act. The Tribunal's deletion of additions for delayed PF payments was upheld, with no substantial question of law arising, decision against Revenue. Regarding bond registration charges under section 37(1), the Tribunal and CIT(A) correctly treated the expenditure as revenue in nature and allowable. Their findings were not perverse or erroneous, leading to dismissal of Revenue's appeal on this point as well. Case-Laws Income Tax Fri, 11 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249440