https://www.taxtmi.com/acts?id=39566 The amendment inserts a clarification to section 43B that the section shall not apply and shall be deemed never to have applied to sums received by an assessee from any of his employees that fall within the employee-contribution definition in the relevant clause of section two, thereby excluding those employee receipts from the timing and deductibility regime of section 43B. en-us Tue, 30 Mar 2021 15:01:02 +0530 Tue, 30 Mar 2021 15:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39566 The amendment inserts a clarification to section 43B that the section shall not apply and shall be deemed never to have applied to sums received by an assessee from any of his employees that fall within the employee-contribution definition in the relevant clause of section two, thereby excluding those employee receipts from the timing and deductibility regime of section 43B. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 15:01:02 +0530 https://www.taxtmi.com/acts?id=39566