https://www.taxtmi.com/caselaws?id=417681 The Tribunal ruled in favor of the assessee, holding that the disallowance of contributions for belated payment of employees' share of PF & ESIC and the direction to verify the employer's contribution were not justified. The Tribunal emphasized the importance of timely deposit of contributions and adherence to due dates specified by the authorities regulating PF/ESIC. The Tribunal found that no disallowance was warranted as the contributions were deposited before the due date of filing the return of income, in accordance with section 36(1)(va) of the Income Tax Act. en-us Fri, 26 Nov 2021 00:00:00 +0530 Fri, 28 Jan 2022 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417681 The Tribunal ruled in favor of the assessee, holding that the disallowance of contributions for belated payment of employees' share of PF & ESIC and the direction to verify the employer's contribution were not justified. The Tribunal emphasized the importance of timely deposit of contributions and adherence to due dates specified by the authorities regulating PF/ESIC. The Tribunal found that no disallowance was warranted as the contributions were deposited before the due date of filing the return of income, in accordance with section 36(1)(va) of the Income Tax Act. Case-Laws Income Tax Fri, 26 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417681