https://www.taxtmi.com/caselaws?id=337597 Employees' contributions to provident fund and ESI, though not deposited within the welfare-statute due date, remain deductible when actually paid before the due date for filing the return under section 139(1). Amounts recovered from employees are treated as income under section 2(24)(x), and section 36(1)(va) ordinarily requires credit to the relevant fund within the prescribed time. However, section 43B(b), as a non obstante provision, permits deduction on actual payment before the return-filing deadline, and the curative amendment removing the second proviso to section 43B was treated as retrospective. The deduction was therefore upheld for the assessee. en-us Thu, 05 Jan 2017 00:00:00 +0530 Tue, 10 Jan 2017 20:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337597 Employees' contributions to provident fund and ESI, though not deposited within the welfare-statute due date, remain deductible when actually paid before the due date for filing the return under section 139(1). Amounts recovered from employees are treated as income under section 2(24)(x), and section 36(1)(va) ordinarily requires credit to the relevant fund within the prescribed time. However, section 43B(b), as a non obstante provision, permits deduction on actual payment before the return-filing deadline, and the curative amendment removing the second proviso to section 43B was treated as retrospective. The deduction was therefore upheld for the assessee. Case-Laws Income Tax Thu, 05 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337597