https://www.taxtmi.com/caselaws?id=420665 The ITAT allowed the appellant's appeal, concluding that the disallowance under Section 36(1)(va) of the Income Tax Act was unjustified as the contributions were made before the due date of filing the return. The Tribunal held that the Finance Act 2021 amendment to Section 36(1)(va) was prospective and not applicable to the Assessment Year 2020-21. Consequently, the disallowance of Rs. 356,390 was deleted, and the appeal was allowed on 08/03/2022. en-us Tue, 08 Mar 2022 00:00:00 +0530 Thu, 07 Apr 2022 10:01:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420665 The ITAT allowed the appellant's appeal, concluding that the disallowance under Section 36(1)(va) of the Income Tax Act was unjustified as the contributions were made before the due date of filing the return. The Tribunal held that the Finance Act 2021 amendment to Section 36(1)(va) was prospective and not applicable to the Assessment Year 2020-21. Consequently, the disallowance of Rs. 356,390 was deleted, and the appeal was allowed on 08/03/2022. Case-Laws Income Tax Tue, 08 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420665