https://www.taxtmi.com/caselaws?id=266183 The appeal challenged the disallowance of deduction on account of employees' contribution to PF & ESI due to delayed payments. The CIT(A) ruled in favor of the assessee, allowing the deductions as the contributions were remitted before the due date for filing the return under section 139(1) of the Act. The ITAT upheld the CIT(A)'s decision, emphasizing that timely remittance before the due date makes the contributions eligible for deduction under section 43B. The department's appeal was dismissed, affirming the allowance of deductions for timely remittance of contributions. en-us Wed, 22 Jul 2015 00:00:00 +0530 Sun, 18 Oct 2015 17:44:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266183 The appeal challenged the disallowance of deduction on account of employees' contribution to PF & ESI due to delayed payments. The CIT(A) ruled in favor of the assessee, allowing the deductions as the contributions were remitted before the due date for filing the return under section 139(1) of the Act. The ITAT upheld the CIT(A)'s decision, emphasizing that timely remittance before the due date makes the contributions eligible for deduction under section 43B. The department's appeal was dismissed, affirming the allowance of deductions for timely remittance of contributions. Case-Laws Income Tax Wed, 22 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266183