https://www.taxtmi.com/manuals?id=1116 Employee contributions collected by an employer for provident fund, superannuation fund, ESI, or other welfare funds are deductible only if credited to the relevant fund on or before the prescribed due date. The older framework treats such sums as business income unless deposited within time, while the newer framework allows deduction only where the employee contribution is deposited on or before the due date for filing the return of income. The rule is strict, and employee contributions are distinguished from employer contributions covered separately under section 43B(b). en-us Tue, 15 Sep 2015 10:59:00 +0530 Mon, 27 Apr 2026 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1116 Employee contributions collected by an employer for provident fund, superannuation fund, ESI, or other welfare funds are deductible only if credited to the relevant fund on or before the prescribed due date. The older framework treats such sums as business income unless deposited within time, while the newer framework allows deduction only where the employee contribution is deposited on or before the due date for filing the return of income. The rule is strict, and employee contributions are distinguished from employer contributions covered separately under section 43B(b). Manuals Income Tax Tue, 15 Sep 2015 10:59:00 +0530 https://www.taxtmi.com/manuals?id=1116