https://www.taxtmi.com/caselaws?id=299864 The ITAT allowed the appeal, setting aside the order disallowing delayed payments of employees' contribution to ESI and PF under section 36(1)(v) of the Income Tax Act. The ITAT held that the Finance Act, 2021 amendments were prospective and that the High Court had consistently allowed such contributions if paid by the due date of filing the return of income. The Assessing Officer was directed to allow the claim of the assessee, and the judgment was pronounced on 4th October 2021. en-us Mon, 04 Oct 2021 00:00:00 +0530 Sat, 01 Jan 2022 08:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299864 The ITAT allowed the appeal, setting aside the order disallowing delayed payments of employees' contribution to ESI and PF under section 36(1)(v) of the Income Tax Act. The ITAT held that the Finance Act, 2021 amendments were prospective and that the High Court had consistently allowed such contributions if paid by the due date of filing the return of income. The Assessing Officer was directed to allow the claim of the assessee, and the judgment was pronounced on 4th October 2021. Case-Laws Income Tax Mon, 04 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299864