https://www.taxtmi.com/caselaws?id=415926 The Tribunal allowed the appeals of the assessee, holding that the amendments introduced by the Finance Act, 2021 were prospective and not applicable retrospectively. The Tribunal ruled in favor of the assessee for both assessment years, emphasizing the distinction between employee's and employer's contributions under the Income Tax Act and the impact of the amendments on due dates and deductions. The impugned additions under section 36(1)(va) were deemed to be deleted for both AY 2018-19 and 2019-20. en-us Thu, 11 Nov 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:53:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415926 The Tribunal allowed the appeals of the assessee, holding that the amendments introduced by the Finance Act, 2021 were prospective and not applicable retrospectively. The Tribunal ruled in favor of the assessee for both assessment years, emphasizing the distinction between employee's and employer's contributions under the Income Tax Act and the impact of the amendments on due dates and deductions. The impugned additions under section 36(1)(va) were deemed to be deleted for both AY 2018-19 and 2019-20. Case-Laws Income Tax Thu, 11 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415926