https://www.taxtmi.com/caselaws?id=420199 The Tribunal found the disallowance of employees' contributions towards ESI & PF by the Assessing Officer to be unsustainable. The disallowance was based on the timing of deposit, which was before the due date of filing the return of income u/s 139(1) of the Act. The Tribunal considered judicial precedents and legislative intent, concluding that the disallowance was not warranted. As a result, the disallowance amounting to &8377;74,76,708/- was deleted, and the Assessee's appeal was allowed. en-us Thu, 24 Mar 2022 00:00:00 +0530 Tue, 29 Mar 2022 08:36:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420199 The Tribunal found the disallowance of employees' contributions towards ESI & PF by the Assessing Officer to be unsustainable. The disallowance was based on the timing of deposit, which was before the due date of filing the return of income u/s 139(1) of the Act. The Tribunal considered judicial precedents and legislative intent, concluding that the disallowance was not warranted. As a result, the disallowance amounting to &8377;74,76,708/- was deleted, and the Assessee's appeal was allowed. Case-Laws Income Tax Thu, 24 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420199