https://www.taxtmi.com/caselaws?id=421049 The ITAT Chennai allowed the appeal, condoning the delay in filing due to Covid-19 lockdown, and ruled in favor of the appellant regarding the disallowance of belated remittance of employees' contributions to PF & ESI. The ITAT held that the amendments to Sec. 36(1)(va) were prospective, not retrospective, leading to the deletion of the disallowance. The decision was based on legal interpretations, case laws, and the legislative intent behind the amendments. en-us Thu, 31 Mar 2022 00:00:00 +0530 Sat, 16 Apr 2022 08:11:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421049 The ITAT Chennai allowed the appeal, condoning the delay in filing due to Covid-19 lockdown, and ruled in favor of the appellant regarding the disallowance of belated remittance of employees' contributions to PF & ESI. The ITAT held that the amendments to Sec. 36(1)(va) were prospective, not retrospective, leading to the deletion of the disallowance. The decision was based on legal interpretations, case laws, and the legislative intent behind the amendments. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421049