https://www.taxtmi.com/caselaws?id=416032 The ITAT allowed the appeal, overturning the CIT(A)'s decision to disallow employees' contributions to PF & ESI for delayed payment. The ITAT emphasized that deductions for such contributions are permissible if paid before the due date of filing the income tax return, citing consistent Tribunal decisions and legal interpretations. The ITAT's ruling was supported by various legal judgments and amendments in the IT Act, clarifying that the provisions of Section 43B do not apply in determining the due date for such contributions. As a result, the disallowance of Rs. 9,59,624 was deleted. en-us Wed, 13 Oct 2021 00:00:00 +0530 Mon, 20 Dec 2021 09:25:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416032 The ITAT allowed the appeal, overturning the CIT(A)'s decision to disallow employees' contributions to PF & ESI for delayed payment. The ITAT emphasized that deductions for such contributions are permissible if paid before the due date of filing the income tax return, citing consistent Tribunal decisions and legal interpretations. The ITAT's ruling was supported by various legal judgments and amendments in the IT Act, clarifying that the provisions of Section 43B do not apply in determining the due date for such contributions. As a result, the disallowance of Rs. 9,59,624 was deleted. Case-Laws Income Tax Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416032