https://www.taxtmi.com/caselaws?id=404035 The Appellate Tribunal ITAT Delhi allowed the assessee's appeal against the disallowance of employees' contribution under section 36(i)(va) and section 43B of the Act for Assessment Year 2014-15. The Tribunal held that the disallowance made by the lower authorities was not sustainable in law, citing precedents and emphasizing that even if the contribution is paid before the due date of filing the return of income, it is allowable as a deduction. As a result, the Tribunal directed the AO to delete the disallowance of Rs. 4,03,239. en-us Thu, 24 Dec 2020 00:00:00 +0530 Fri, 12 Feb 2021 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404035 The Appellate Tribunal ITAT Delhi allowed the assessee's appeal against the disallowance of employees' contribution under section 36(i)(va) and section 43B of the Act for Assessment Year 2014-15. The Tribunal held that the disallowance made by the lower authorities was not sustainable in law, citing precedents and emphasizing that even if the contribution is paid before the due date of filing the return of income, it is allowable as a deduction. As a result, the Tribunal directed the AO to delete the disallowance of Rs. 4,03,239. Case-Laws Income Tax Thu, 24 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404035