https://www.taxtmi.com/caselaws?id=11618 Employees' provident fund contributions are computed by reference to wages earned for the relevant month, so the due date in paragraph 38 of the Employees' Provident Funds Scheme, 1952 runs from the close of that month rather than the month of actual salary payment. For income-tax purposes, employees' contribution received by the employer is income under section 2(24)(x) and is deductible only if deposited within the due date under the governing provident fund law. Section 43B does not override section 36(1)(va); the provisions operate cumulatively, so payment after the statutory due date disallows deduction even if made within the same previous year. en-us Tue, 31 Dec 2002 00:00:00 +0530 Fri, 26 Dec 2025 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11618 Employees' provident fund contributions are computed by reference to wages earned for the relevant month, so the due date in paragraph 38 of the Employees' Provident Funds Scheme, 1952 runs from the close of that month rather than the month of actual salary payment. For income-tax purposes, employees' contribution received by the employer is income under section 2(24)(x) and is deductible only if deposited within the due date under the governing provident fund law. Section 43B does not override section 36(1)(va); the provisions operate cumulatively, so payment after the statutory due date disallows deduction even if made within the same previous year. Case-Laws Income Tax Tue, 31 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11618