https://www.taxtmi.com/caselaws?id=419530 The appeals were filed against the Commissioner of Income Tax (Appeals) order for Assessment Years 2018-19 & 2019-20. The primary issue was the addition under section 36(1)(va) for delayed deposit of Employees' EPF/ESI contributions. The assessee argued that all contributions were deposited before filing the return, citing relevant judgments. The Tribunal considered these judgments and the Finance Act 2021 amendment, concluding that delayed deposits before the return filing date were allowable expenditures. The Tribunal ruled in favor of the assessee, emphasizing adherence to legal principles and precedents in tax matters. en-us Fri, 11 Mar 2022 00:00:00 +0530 Mon, 14 Mar 2022 07:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419530 The appeals were filed against the Commissioner of Income Tax (Appeals) order for Assessment Years 2018-19 & 2019-20. The primary issue was the addition under section 36(1)(va) for delayed deposit of Employees' EPF/ESI contributions. The assessee argued that all contributions were deposited before filing the return, citing relevant judgments. The Tribunal considered these judgments and the Finance Act 2021 amendment, concluding that delayed deposits before the return filing date were allowable expenditures. The Tribunal ruled in favor of the assessee, emphasizing adherence to legal principles and precedents in tax matters. Case-Laws Income Tax Fri, 11 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419530