https://www.taxtmi.com/caselaws?id=266241 The court upheld the Income Tax Appellate Tribunal's decision to delete the disallowance of provident fund contribution payments under section 43B of the Income Tax Act for the assessment year 2001-2002. The court found that the payment was made before the due date of filing the income tax return, aligning with the law laid down by the Supreme Court in a relevant case. Emphasizing the importance of timely payments and adherence to legal precedents, the court ruled in favor of the assessee, highlighting the significance of statutory compliance in determining tax liabilities and allowable expenditures. en-us Mon, 24 Aug 2015 00:00:00 +0530 Mon, 19 Oct 2015 07:59:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266241 The court upheld the Income Tax Appellate Tribunal's decision to delete the disallowance of provident fund contribution payments under section 43B of the Income Tax Act for the assessment year 2001-2002. The court found that the payment was made before the due date of filing the income tax return, aligning with the law laid down by the Supreme Court in a relevant case. Emphasizing the importance of timely payments and adherence to legal precedents, the court ruled in favor of the assessee, highlighting the significance of statutory compliance in determining tax liabilities and allowable expenditures. Case-Laws Income Tax Mon, 24 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266241