https://www.taxtmi.com/caselaws?id=381736 Employee's contribution to provident fund and ESI is allowable only if credited within the due date prescribed under the relevant fund law; the Court held that section 36(1)(va) turns on compliance with that fund-specific deadline, not merely payment before the income-tax return due date. It also held that the phrase "within fifteen days of the close of every month" in section 38 of the EPF Act refers to the month for which wages are payable, so the deposit obligation is not postponed because wages are paid in the following month. The delayed employee contribution was therefore disallowed. en-us Tue, 11 Jun 2019 00:00:00 +0530 Mon, 17 Jun 2019 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381736 Employee's contribution to provident fund and ESI is allowable only if credited within the due date prescribed under the relevant fund law; the Court held that section 36(1)(va) turns on compliance with that fund-specific deadline, not merely payment before the income-tax return due date. It also held that the phrase "within fifteen days of the close of every month" in section 38 of the EPF Act refers to the month for which wages are payable, so the deposit obligation is not postponed because wages are paid in the following month. The delayed employee contribution was therefore disallowed. Case-Laws Income Tax Tue, 11 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381736