https://www.taxtmi.com/caselaws?id=419169 Employees' contributions to PF and ESI remitted after due dates but before the income tax return deadline were disputed in this case. The Tribunal ruled that the amendments to Section 36(1)(va) and Section 43B were prospective from April 1, 2021, not retrospective, and applied from the assessment year 2021-2022 onwards. As a result, the contributions made before the return deadline were deductible. The assessee's appeals were successful, overturning the disallowances imposed by the Assessing Officer. en-us Wed, 22 Dec 2021 00:00:00 +0530 Tue, 08 Mar 2022 19:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419169 Employees' contributions to PF and ESI remitted after due dates but before the income tax return deadline were disputed in this case. The Tribunal ruled that the amendments to Section 36(1)(va) and Section 43B were prospective from April 1, 2021, not retrospective, and applied from the assessment year 2021-2022 onwards. As a result, the contributions made before the return deadline were deductible. The assessee's appeals were successful, overturning the disallowances imposed by the Assessing Officer. Case-Laws Income Tax Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419169