https://www.taxtmi.com/caselaws?id=418951 The Tribunal allowed the appeals, directing the deletion of the disallowance of Rs. 2,70,396/- for late payment of employee contributions to ESI and PF. It held that recent amendments to Sections 36(1)(va) and 43B by the Finance Act, 2021, could not be applied retrospectively to the assessment year 2018-19. The issue of charging interest under Sections 234B and 234C was considered consequential and did not require further adjudication. en-us Thu, 24 Feb 2022 00:00:00 +0530 Mon, 28 Feb 2022 08:34:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418951 The Tribunal allowed the appeals, directing the deletion of the disallowance of Rs. 2,70,396/- for late payment of employee contributions to ESI and PF. It held that recent amendments to Sections 36(1)(va) and 43B by the Finance Act, 2021, could not be applied retrospectively to the assessment year 2018-19. The issue of charging interest under Sections 234B and 234C was considered consequential and did not require further adjudication. Case-Laws Income Tax Thu, 24 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418951