https://www.taxtmi.com/caselaws?id=420557 The Appellate Tribunal ITAT Bangalore allowed the appeal in the case involving the disallowance of employees' contribution to PF and ESI. The Tribunal held that the payments made before the due date for filing the return entitled the assessee to deduction, emphasizing that the recent amendments to the Income Tax Act were not retrospective and did not apply to the relevant assessment year. Consequently, the Tribunal directed the Assessing Officer to grant deduction for the employees' contribution to PF and ESI. en-us Thu, 17 Mar 2022 00:00:00 +0530 Mon, 04 Apr 2022 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420557 The Appellate Tribunal ITAT Bangalore allowed the appeal in the case involving the disallowance of employees' contribution to PF and ESI. The Tribunal held that the payments made before the due date for filing the return entitled the assessee to deduction, emphasizing that the recent amendments to the Income Tax Act were not retrospective and did not apply to the relevant assessment year. Consequently, the Tribunal directed the Assessing Officer to grant deduction for the employees' contribution to PF and ESI. Case-Laws Income Tax Thu, 17 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420557