https://www.taxtmi.com/caselaws?id=361392 The appeals filed by the Revenue challenging the disallowance of employee contributions to PF & ESI by the Assessing Officer were dismissed. The Commissioner of Income Tax (Appeals) held that the contributions should be governed by section 43B of the IT Act, allowing the deductions if paid before the due date of filing the return of income. Judicial precedents, including decisions of the High Court and Supreme Court, supported this interpretation. The importance of timely payment for qualification of deductions was emphasized in the decision dated 23/02/2018. en-us Fri, 23 Feb 2018 00:00:00 +0530 Sat, 02 Jun 2018 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361392 The appeals filed by the Revenue challenging the disallowance of employee contributions to PF & ESI by the Assessing Officer were dismissed. The Commissioner of Income Tax (Appeals) held that the contributions should be governed by section 43B of the IT Act, allowing the deductions if paid before the due date of filing the return of income. Judicial precedents, including decisions of the High Court and Supreme Court, supported this interpretation. The importance of timely payment for qualification of deductions was emphasized in the decision dated 23/02/2018. Case-Laws Income Tax Fri, 23 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361392