https://www.taxtmi.com/caselaws?id=418389 The Tribunal ruled in favor of the assessee, allowing the deduction for employees' contribution to PF and ESI if paid before the due date of filing the return of income, rejecting the retrospective application of the amendment by Finance Act, 2021. The Tribunal emphasized the prospective nature of the amendment and directed the Assessing Officer to grant the deduction for employees' contribution to ESI for the relevant assessment year, thereby deleting the disallowance made by the Assessing Officer. en-us Mon, 07 Feb 2022 00:00:00 +0530 Tue, 08 Mar 2022 19:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418389 The Tribunal ruled in favor of the assessee, allowing the deduction for employees' contribution to PF and ESI if paid before the due date of filing the return of income, rejecting the retrospective application of the amendment by Finance Act, 2021. The Tribunal emphasized the prospective nature of the amendment and directed the Assessing Officer to grant the deduction for employees' contribution to ESI for the relevant assessment year, thereby deleting the disallowance made by the Assessing Officer. Case-Laws Income Tax Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418389