https://www.taxtmi.com/caselaws?id=259204 Employees' provident fund contribution remitted after the statutory due date but within the five-day grace period under the Provident Fund Scheme remained deductible under section 36(1)(va) of the Income-tax Act, 1961. The Tribunal's view was that payment within the permitted grace period did not justify disallowance on the facts, and the High Court found no reason to interfere. It therefore held that the revenue's appeals did not raise any substantial question of law and dismissed them, leaving the deduction intact. en-us Wed, 15 Apr 2015 00:00:00 +0530 Mon, 04 May 2015 06:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259204 Employees' provident fund contribution remitted after the statutory due date but within the five-day grace period under the Provident Fund Scheme remained deductible under section 36(1)(va) of the Income-tax Act, 1961. The Tribunal's view was that payment within the permitted grace period did not justify disallowance on the facts, and the High Court found no reason to interfere. It therefore held that the revenue's appeals did not raise any substantial question of law and dismissed them, leaving the deduction intact. Case-Laws Income Tax Wed, 15 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259204