https://www.taxtmi.com/caselaws?id=415830 The tribunal ruled in favor of the assessee, concluding that employees' contributions to ESI and PF, deposited before the due date of filing the return of income, should not be disallowed under Section 36(1)(va). The tribunal directed the deletion of the addition made by the CPC, allowing the appeal. It emphasized the binding nature of Rajasthan High Court's decisions and clarified that the amendments by the Finance Act, 2021, do not apply retrospectively to the assessment year 2018-19. en-us Tue, 23 Nov 2021 00:00:00 +0530 Wed, 15 Dec 2021 09:27:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415830 The tribunal ruled in favor of the assessee, concluding that employees' contributions to ESI and PF, deposited before the due date of filing the return of income, should not be disallowed under Section 36(1)(va). The tribunal directed the deletion of the addition made by the CPC, allowing the appeal. It emphasized the binding nature of Rajasthan High Court's decisions and clarified that the amendments by the Finance Act, 2021, do not apply retrospectively to the assessment year 2018-19. Case-Laws Income Tax Tue, 23 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415830