https://www.taxtmi.com/caselaws?id=419579 The Tribunal allowed the appeal, ruling in favor of the assessee. It held that the disallowance of the employee's contribution towards PF and ESI, amounting to Rs. 4,26,382, due to delayed payment was not justified. The Tribunal determined that the amendments introduced by the Finance Act, 2021, were not applicable retrospectively to the assessment year 2018-19. Therefore, the disallowance was deleted, and the assessee's appeal was allowed. en-us Fri, 11 Mar 2022 00:00:00 +0530 Tue, 15 Mar 2022 08:26:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419579 The Tribunal allowed the appeal, ruling in favor of the assessee. It held that the disallowance of the employee's contribution towards PF and ESI, amounting to Rs. 4,26,382, due to delayed payment was not justified. The Tribunal determined that the amendments introduced by the Finance Act, 2021, were not applicable retrospectively to the assessment year 2018-19. Therefore, the disallowance was deleted, and the assessee's appeal was allowed. Case-Laws Income Tax Fri, 11 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419579