https://www.taxtmi.com/caselaws?id=416433 The Tribunal ruled in favor of the assessee, directing the deletion of the disallowance of the employee's contribution to PF/ESI in the income tax return processing for A.Y. 2019-20 under Section 143(1). The Tribunal held that the disallowance, although paid before the due date of filing the return, was not justified as the amendment introduced by the Finance Act, 2021, did not apply to the relevant assessment year. The decision emphasized the importance of timely payment of employee contributions for deductions under the Income Tax Act. en-us Mon, 22 Nov 2021 00:00:00 +0530 Wed, 29 Dec 2021 08:45:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416433 The Tribunal ruled in favor of the assessee, directing the deletion of the disallowance of the employee's contribution to PF/ESI in the income tax return processing for A.Y. 2019-20 under Section 143(1). The Tribunal held that the disallowance, although paid before the due date of filing the return, was not justified as the amendment introduced by the Finance Act, 2021, did not apply to the relevant assessment year. The decision emphasized the importance of timely payment of employee contributions for deductions under the Income Tax Act. Case-Laws Income Tax Mon, 22 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416433