https://www.taxtmi.com/caselaws?id=420502 The Tribunal allowed the appeal filed by the assessee, holding that the disallowance of late deposit of employees' contribution to EPF and ESI was not sustainable as the contributions were made before the due date of filing the return of income. The Tribunal emphasized that the legislative intent was to allow deductions only when payments are actually made, and clarified that the amendment with the Finance Act 2021 did not apply to the assessment year in question. The Assessing Officer was directed to delete the disallowance and the order was pronounced on 31/03/2022. en-us Thu, 31 Mar 2022 00:00:00 +0530 Sat, 02 Apr 2022 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420502 The Tribunal allowed the appeal filed by the assessee, holding that the disallowance of late deposit of employees' contribution to EPF and ESI was not sustainable as the contributions were made before the due date of filing the return of income. The Tribunal emphasized that the legislative intent was to allow deductions only when payments are actually made, and clarified that the amendment with the Finance Act 2021 did not apply to the assessment year in question. The Assessing Officer was directed to delete the disallowance and the order was pronounced on 31/03/2022. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420502