https://www.taxtmi.com/caselaws?id=169092 The Tribunal allowed the appeal concerning the disallowance of both employer's and employees' contributions to provident fund under section 43B for the assessment year 2007-08. Referring to legal precedents, the Tribunal held that retrospective amendment to section 43B allowed deductions if payments were made before the due date of filing the return. As the amounts were paid before the due date, deductions were permissible. Consequently, the Tribunal ordered the deletion of the disallowed amounts, providing relief to the assessee and overturning the previous decision disallowing the contributions. en-us Fri, 05 Apr 2013 00:00:00 +0530 Mon, 06 Apr 2015 21:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169092 The Tribunal allowed the appeal concerning the disallowance of both employer's and employees' contributions to provident fund under section 43B for the assessment year 2007-08. Referring to legal precedents, the Tribunal held that retrospective amendment to section 43B allowed deductions if payments were made before the due date of filing the return. As the amounts were paid before the due date, deductions were permissible. Consequently, the Tribunal ordered the deletion of the disallowed amounts, providing relief to the assessee and overturning the previous decision disallowing the contributions. Case-Laws Income Tax Fri, 05 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169092