https://www.taxtmi.com/caselaws?id=417931 The Tribunal allowed the appeal in favor of the assessee, directing the Assessing Officer to delete the addition of employees' contribution to PF & ESI made after the due date. The Tribunal relied on a precedent stating that timely payment before the due date of filing the return of income exempts the assessee from disallowance under section 36(1)(va) of the Income Tax Act. Emphasizing adherence to statutory timelines, the Tribunal's decision was based on established legal principles, providing relief to the assessee and highlighting the importance of interpreting the law in line with precedents. en-us Thu, 03 Feb 2022 00:00:00 +0530 Fri, 04 Feb 2022 07:02:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417931 The Tribunal allowed the appeal in favor of the assessee, directing the Assessing Officer to delete the addition of employees' contribution to PF & ESI made after the due date. The Tribunal relied on a precedent stating that timely payment before the due date of filing the return of income exempts the assessee from disallowance under section 36(1)(va) of the Income Tax Act. Emphasizing adherence to statutory timelines, the Tribunal's decision was based on established legal principles, providing relief to the assessee and highlighting the importance of interpreting the law in line with precedents. Case-Laws Income Tax Thu, 03 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417931