https://www.taxtmi.com/caselaws?id=419384 The Tribunal allowed the appeal, holding that for the assessment year 2018-2019, employees' contributions to PF and ESI, paid before the due date of filing the return under section 139(1) of the Income Tax Act, are deductible. The Tribunal found that the amendment to sections 36(1)(va) and 43B by the Finance Act, 2021, is not retrospective. Consequently, the disallowance of the contributions was deleted, and the Assessing Officer was directed to allow the deduction. en-us Mon, 20 Dec 2021 00:00:00 +0530 Thu, 10 Mar 2022 08:18:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419384 The Tribunal allowed the appeal, holding that for the assessment year 2018-2019, employees' contributions to PF and ESI, paid before the due date of filing the return under section 139(1) of the Income Tax Act, are deductible. The Tribunal found that the amendment to sections 36(1)(va) and 43B by the Finance Act, 2021, is not retrospective. Consequently, the disallowance of the contributions was deleted, and the Assessing Officer was directed to allow the deduction. Case-Laws Income Tax Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419384