https://www.taxtmi.com/caselaws?id=419484 The Tribunal allowed the appeal of the assessee, directing the Assessing Officer to delete the disallowance of employee contributions to provident fund and ESI. The decision was based on the legislative intent and judicial precedents emphasizing the allowability of such contributions if paid before the due date of filing the return of income. The Tribunal highlighted the prospective nature of the relevant amendments by the Finance Act, 2021, and stressed the importance of timely payments and compliance with legal provisions in tax matters. en-us Fri, 25 Feb 2022 00:00:00 +0530 Sat, 12 Mar 2022 08:06:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419484 The Tribunal allowed the appeal of the assessee, directing the Assessing Officer to delete the disallowance of employee contributions to provident fund and ESI. The decision was based on the legislative intent and judicial precedents emphasizing the allowability of such contributions if paid before the due date of filing the return of income. The Tribunal highlighted the prospective nature of the relevant amendments by the Finance Act, 2021, and stressed the importance of timely payments and compliance with legal provisions in tax matters. Case-Laws Income Tax Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419484