https://www.taxtmi.com/caselaws?id=18691 Section 43B was treated as a payment-based restriction on deductions, but the first proviso was regarded as clarificatory and retrospective for statutory dues such as sales tax, turnover tax, purchase tax and municipal taxes, so deduction was available where payment was made within the time allowed under section 139(1). For employees' welfare contributions, including ESI and provident fund, the second proviso read with section 36(1)(va) and section 2(24)(x) required actual payment within the due date prescribed under the relevant fund law, so allowability depended strictly on timely discharge of the liability. en-us Mon, 06 Jul 1992 00:00:00 +0530 Sat, 31 Oct 2009 13:32:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18691 Section 43B was treated as a payment-based restriction on deductions, but the first proviso was regarded as clarificatory and retrospective for statutory dues such as sales tax, turnover tax, purchase tax and municipal taxes, so deduction was available where payment was made within the time allowed under section 139(1). For employees' welfare contributions, including ESI and provident fund, the second proviso read with section 36(1)(va) and section 2(24)(x) required actual payment within the due date prescribed under the relevant fund law, so allowability depended strictly on timely discharge of the liability. Case-Laws Income Tax Mon, 06 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18691