https://www.taxtmi.com/caselaws?id=250727 The HC held that contributions to the provident fund and employees' state insurance are deductible under section 36(1)(va) if paid by the due date of filing the return, despite the deletion of the second proviso to section 43B. Since the payments were made before the return due date, the CIT(A) and Tribunal rightly allowed the deduction. The court followed SC and Delhi HC precedents establishing that late deposit of employees' contributions attracts interest and penalties but does not affect the employer's deduction if paid timely. The decision was against Revenue. en-us Mon, 13 May 2013 00:00:00 +0530 Sat, 02 Aug 2025 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250727 The HC held that contributions to the provident fund and employees' state insurance are deductible under section 36(1)(va) if paid by the due date of filing the return, despite the deletion of the second proviso to section 43B. Since the payments were made before the return due date, the CIT(A) and Tribunal rightly allowed the deduction. The court followed SC and Delhi HC precedents establishing that late deposit of employees' contributions attracts interest and penalties but does not affect the employer's deduction if paid timely. The decision was against Revenue. Case-Laws Income Tax Mon, 13 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250727