https://www.taxtmi.com/caselaws?id=407009 The Tribunal upheld the denial of deduction for employee's contribution towards Provident Fund for AYs 2017-18 and 2018-19 due to late payment, in line with the provisions of the Income Tax Act. The Tribunal clarified that Section 43B does not apply to employee's contribution, emphasizing the distinction from the employer's contribution. Relying on precedents and legal interpretations, the Tribunal dismissed the appeals, affirming the decisions of the Revenue Authorities. The outcome aligned with established judicial interpretations and statutory provisions, confirming the denial of deduction for late payment of employee's Provident Fund contribution. en-us Fri, 09 Apr 2021 00:00:00 +0530 Tue, 27 Apr 2021 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407009 The Tribunal upheld the denial of deduction for employee's contribution towards Provident Fund for AYs 2017-18 and 2018-19 due to late payment, in line with the provisions of the Income Tax Act. The Tribunal clarified that Section 43B does not apply to employee's contribution, emphasizing the distinction from the employer's contribution. Relying on precedents and legal interpretations, the Tribunal dismissed the appeals, affirming the decisions of the Revenue Authorities. The outcome aligned with established judicial interpretations and statutory provisions, confirming the denial of deduction for late payment of employee's Provident Fund contribution. Case-Laws Income Tax Fri, 09 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407009