https://www.taxtmi.com/caselaws?id=419430 The Tribunal allowed the appeal, ruling in favor of the assessee regarding the disallowance of delayed payment of employees' contribution towards PF&ESI for the Assessment Year 2018-19. The Tribunal held that no disallowance under Section 36(1)(va) of the Income Tax Act was warranted as the contribution was made before the due date of filing the return of income under Section 139(1). The decision emphasized the importance of timely deposits and referenced judicial precedents to support the assessee's position, ultimately overturning the lower authorities' order and allowing the assessee's appeal. en-us Thu, 03 Mar 2022 00:00:00 +0530 Thu, 10 Mar 2022 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419430 The Tribunal allowed the appeal, ruling in favor of the assessee regarding the disallowance of delayed payment of employees' contribution towards PF&ESI for the Assessment Year 2018-19. The Tribunal held that no disallowance under Section 36(1)(va) of the Income Tax Act was warranted as the contribution was made before the due date of filing the return of income under Section 139(1). The decision emphasized the importance of timely deposits and referenced judicial precedents to support the assessee's position, ultimately overturning the lower authorities' order and allowing the assessee's appeal. Case-Laws Income Tax Thu, 03 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419430