https://www.taxtmi.com/caselaws?id=413791 The Tribunal allowed the appeal, ruling that the amendment to section 36(1)(va) and 43B by Finance Act, 2021 was prospective and did not apply to the relevant assessment year. The decision clarified that deductions for employees' contributions to PF and ESI were permissible if paid before the due date for filing the return of income u/s 139(1) of the Act, based on judicial pronouncements and the nature of the amendment itself. en-us Mon, 11 Oct 2021 00:00:00 +0530 Wed, 20 Oct 2021 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413791 The Tribunal allowed the appeal, ruling that the amendment to section 36(1)(va) and 43B by Finance Act, 2021 was prospective and did not apply to the relevant assessment year. The decision clarified that deductions for employees' contributions to PF and ESI were permissible if paid before the due date for filing the return of income u/s 139(1) of the Act, based on judicial pronouncements and the nature of the amendment itself. Case-Laws Income Tax Mon, 11 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413791