https://www.taxtmi.com/caselaws?id=420838 The Tribunal held that the addition made by the CPC under Section 143(1) was unsustainable and accordingly deleted it. The Tribunal allowed the assessee's appeal on the grounds that the disallowance of employee contributions to PF and ESI was not within the scope of Section 143(1) adjustments, and the amendment to Section 36(1)(va) by the Finance Act, 2021, is prospective. The Tribunal consistently viewed that employee contributions to PF and ESI are allowable deductions if paid before the due date of filing the return of income. Consequently, the appeals of the assessee were allowed. en-us Fri, 08 Apr 2022 00:00:00 +0530 Mon, 11 Apr 2022 08:41:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420838 The Tribunal held that the addition made by the CPC under Section 143(1) was unsustainable and accordingly deleted it. The Tribunal allowed the assessee's appeal on the grounds that the disallowance of employee contributions to PF and ESI was not within the scope of Section 143(1) adjustments, and the amendment to Section 36(1)(va) by the Finance Act, 2021, is prospective. The Tribunal consistently viewed that employee contributions to PF and ESI are allowable deductions if paid before the due date of filing the return of income. Consequently, the appeals of the assessee were allowed. Case-Laws Income Tax Fri, 08 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420838