https://www.taxtmi.com/caselaws?id=416176 The Tribunal ruled in favor of the assessee, allowing the appeal and directing the deletion of the impugned additions related to employee contributions to welfare funds. The Tribunal emphasized the retrospective nature of legislative amendments and the absence of supporting decisions by the jurisdictional High Court. The decision was pronounced on December 20, 2021, resolving the conflict of judicial opinions and clarifying the application of relevant provisions under the Income Tax Act. en-us Mon, 20 Dec 2021 00:00:00 +0530 Tue, 21 Dec 2021 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416176 The Tribunal ruled in favor of the assessee, allowing the appeal and directing the deletion of the impugned additions related to employee contributions to welfare funds. The Tribunal emphasized the retrospective nature of legislative amendments and the absence of supporting decisions by the jurisdictional High Court. The decision was pronounced on December 20, 2021, resolving the conflict of judicial opinions and clarifying the application of relevant provisions under the Income Tax Act. Case-Laws Income Tax Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416176