https://www.taxtmi.com/caselaws?id=300768 The Tribunal allowed the appeal, following judicial precedents and holding that employees' contributions to PF/ESI paid before the due date of filing the return of income are allowable deductions. The Tribunal rejected the Revenue's interpretation of the amended section 36(1)(va) as retrospective, determining it to be prospective from the assessment year 2019-20. Consequently, the impugned additions made by the Assessing Officer were deleted, and the appeal of the assessee was allowed. en-us Sun, 14 Feb 2021 00:00:00 +0530 Wed, 23 Feb 2022 18:04:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300768 The Tribunal allowed the appeal, following judicial precedents and holding that employees' contributions to PF/ESI paid before the due date of filing the return of income are allowable deductions. The Tribunal rejected the Revenue's interpretation of the amended section 36(1)(va) as retrospective, determining it to be prospective from the assessment year 2019-20. Consequently, the impugned additions made by the Assessing Officer were deleted, and the appeal of the assessee was allowed. Case-Laws Income Tax Sun, 14 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300768