https://www.taxtmi.com/caselaws?id=336962 The ITAT allowed the appeal, holding that employees' contribution to PF and ESI is deductible if deposited before the due date of filing the return. The disallowance was deleted as the contributions were deposited timely. The decision aligned with various High Court rulings and the principle of following the view favoring the assessee in case of conflicting judgments. The judgment stressed the importance of timely deposits for deductions under section 43B, emphasizing compliance with statutory deadlines. en-us Wed, 30 Nov 2016 00:00:00 +0530 Sun, 01 Jan 2017 14:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336962 The ITAT allowed the appeal, holding that employees' contribution to PF and ESI is deductible if deposited before the due date of filing the return. The disallowance was deleted as the contributions were deposited timely. The decision aligned with various High Court rulings and the principle of following the view favoring the assessee in case of conflicting judgments. The judgment stressed the importance of timely deposits for deductions under section 43B, emphasizing compliance with statutory deadlines. Case-Laws Income Tax Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336962