https://www.taxtmi.com/caselaws?id=300814 The Tribunal allowed the assessee's appeal, directing the deletion of the disallowed amount towards employees' contribution to ESI and PF. The Tribunal emphasized that payments made before the due date of filing the return cannot be disallowed under relevant sections of the Income Tax Act, citing precedents from the Rajasthan High Court. The Tribunal clarified that the amendment introduced by the Finance Act, 2021, does not apply retrospectively to the assessment year in question. en-us Thu, 11 Nov 2021 00:00:00 +0530 Fri, 25 Feb 2022 21:29:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300814 The Tribunal allowed the assessee's appeal, directing the deletion of the disallowed amount towards employees' contribution to ESI and PF. The Tribunal emphasized that payments made before the due date of filing the return cannot be disallowed under relevant sections of the Income Tax Act, citing precedents from the Rajasthan High Court. The Tribunal clarified that the amendment introduced by the Finance Act, 2021, does not apply retrospectively to the assessment year in question. Case-Laws Income Tax Thu, 11 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300814