https://www.taxtmi.com/caselaws?id=383275 Employees' contribution to provident fund and ESI is deductible only if credited to the relevant fund within the prescribed due date under the Income-tax Act; delayed deposit renders the deduction inadmissible, and the Tribunal was in applying the settled precedent against the assessee. The Court also held that, for the purpose of the fifteen-day deposit period under the provident fund law, the relevant month is the month for which wages are payable, not the date of actual salary disbursement, so the assessee's contrary argument failed. No error of law was found in the Tribunal's order, and interference was declined. en-us Tue, 09 Jul 2019 00:00:00 +0530 Sat, 20 Jul 2019 09:18:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383275 Employees' contribution to provident fund and ESI is deductible only if credited to the relevant fund within the prescribed due date under the Income-tax Act; delayed deposit renders the deduction inadmissible, and the Tribunal was in applying the settled precedent against the assessee. The Court also held that, for the purpose of the fifteen-day deposit period under the provident fund law, the relevant month is the month for which wages are payable, not the date of actual salary disbursement, so the assessee's contrary argument failed. No error of law was found in the Tribunal's order, and interference was declined. Case-Laws Income Tax Tue, 09 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383275