https://www.taxtmi.com/caselaws?id=416366 The Tribunal allowed the appeal of the assessee, setting aside the order of the lower authorities and ordering the deletion of the delayed employee's contribution to provident fund. The decision was supported by the non-retrospective nature of Explanation-5 to section 43B, applicable from the Finance Act, 2021, and established judicial precedents emphasizing the retrospective application of laws in favor of the assessee. en-us Thu, 16 Dec 2021 00:00:00 +0530 Thu, 10 Feb 2022 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416366 The Tribunal allowed the appeal of the assessee, setting aside the order of the lower authorities and ordering the deletion of the delayed employee's contribution to provident fund. The decision was supported by the non-retrospective nature of Explanation-5 to section 43B, applicable from the Finance Act, 2021, and established judicial precedents emphasizing the retrospective application of laws in favor of the assessee. Case-Laws Income Tax Thu, 16 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416366