https://www.taxtmi.com/caselaws?id=415990 The Tribunal allowed the assessee's appeal, overturning the disallowance of Rs. 81,824 towards delayed employee contributions to ESI and PF for the assessment year 2018-19. The Tribunal held that contributions made before the due date of filing the return under Section 139(1) cannot be disallowed under Section 43B or Section 36(1)(va). The Tribunal emphasized the prospective nature of the Finance Act, 2021 amendments, which do not apply retrospectively to the said assessment year. en-us Thu, 25 Nov 2021 00:00:00 +0530 Sat, 18 Dec 2021 08:46:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415990 The Tribunal allowed the assessee's appeal, overturning the disallowance of Rs. 81,824 towards delayed employee contributions to ESI and PF for the assessment year 2018-19. The Tribunal held that contributions made before the due date of filing the return under Section 139(1) cannot be disallowed under Section 43B or Section 36(1)(va). The Tribunal emphasized the prospective nature of the Finance Act, 2021 amendments, which do not apply retrospectively to the said assessment year. Case-Laws Income Tax Thu, 25 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415990