https://www.taxtmi.com/caselaws?id=420306 The Tribunal allowed the appeal of the assessee, holding that the disallowance of late deposit of Employees' Contribution to ESIC and PF was not justified as the contributions were made before the due date of filing the return of income. The Tribunal also determined that the amendments in the Finance Act, 2021, were prospective and not applicable for the assessment year 2018-19. The importance of adhering to the principles of natural justice and providing the appellant with an opportunity to explain its case was emphasized. en-us Tue, 29 Mar 2022 00:00:00 +0530 Thu, 31 Mar 2022 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420306 The Tribunal allowed the appeal of the assessee, holding that the disallowance of late deposit of Employees' Contribution to ESIC and PF was not justified as the contributions were made before the due date of filing the return of income. The Tribunal also determined that the amendments in the Finance Act, 2021, were prospective and not applicable for the assessment year 2018-19. The importance of adhering to the principles of natural justice and providing the appellant with an opportunity to explain its case was emphasized. Case-Laws Income Tax Tue, 29 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420306