https://www.taxtmi.com/caselaws?id=350245 Deduction for provident fund and employees' state insurance contributions under section 43-B was denied because the amounts were not paid within the due date prescribed by the relevant scheme, even though payment was made before filing the return. The court accepted that deletion of the proviso to section 43-B was curative and retrospective in principle, but held that retrospective amendment did not dispense with the statutory conditions for actual payment within the prescribed due date. The deduction was therefore not allowable, and the claim failed against the assessee. en-us Tue, 03 Oct 2017 00:00:00 +0530 Thu, 02 Nov 2017 08:05:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350245 Deduction for provident fund and employees' state insurance contributions under section 43-B was denied because the amounts were not paid within the due date prescribed by the relevant scheme, even though payment was made before filing the return. The court accepted that deletion of the proviso to section 43-B was curative and retrospective in principle, but held that retrospective amendment did not dispense with the statutory conditions for actual payment within the prescribed due date. The deduction was therefore not allowable, and the claim failed against the assessee. Case-Laws Income Tax Tue, 03 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350245