https://www.taxtmi.com/caselaws?id=416112 The Tribunal allowed the appeal filed by the assessee, directing the Assessing Officer to grant deduction for employees' contribution to PF and ESI made before the due date of filing the return under Section 139(1) of the Income-tax Act. The Tribunal held that the Finance Act, 2021 amendment did not apply for the relevant assessment year and emphasized the importance of timely payments for claiming deductions. The disallowance made by the Assessing Officer was deleted, relying on judicial precedents and the High Court's decision in favor of the assessee. en-us Thu, 16 Dec 2021 00:00:00 +0530 Tue, 21 Dec 2021 08:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416112 The Tribunal allowed the appeal filed by the assessee, directing the Assessing Officer to grant deduction for employees' contribution to PF and ESI made before the due date of filing the return under Section 139(1) of the Income-tax Act. The Tribunal held that the Finance Act, 2021 amendment did not apply for the relevant assessment year and emphasized the importance of timely payments for claiming deductions. The disallowance made by the Assessing Officer was deleted, relying on judicial precedents and the High Court's decision in favor of the assessee. Case-Laws Income Tax Thu, 16 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416112