https://www.taxtmi.com/caselaws?id=300351 The Tribunal allowed the appeal, directing the AO to delete the disallowance of late ESI/PF payments made before filing the return under section 139(1) in the 2018-19 assessment year. The Tribunal held that the amendments to Sections 36(1)(va) and 43B by the Finance Act, 2021 were prospective and not retrospective, emphasizing that the additions could not be made based on these amendments. Consequently, the Tribunal ruled in favor of the assessee, concluding that the disallowance was not justified under the amended provisions. en-us Tue, 02 Nov 2021 00:00:00 +0530 Wed, 26 Jan 2022 15:29:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300351 The Tribunal allowed the appeal, directing the AO to delete the disallowance of late ESI/PF payments made before filing the return under section 139(1) in the 2018-19 assessment year. The Tribunal held that the amendments to Sections 36(1)(va) and 43B by the Finance Act, 2021 were prospective and not retrospective, emphasizing that the additions could not be made based on these amendments. Consequently, the Tribunal ruled in favor of the assessee, concluding that the disallowance was not justified under the amended provisions. Case-Laws Income Tax Tue, 02 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300351