https://www.taxtmi.com/caselaws?id=421055 The appeals challenged the disallowance of employee contributions to ESI/PF and Education Cess under the Income Tax Act. The Tribunal ruled in favor of the assessee, holding that if the employee's share of contribution was paid before the due date of filing the return, no disallowance could be made. The Tribunal emphasized prospective application of the amendment by the Finance Act, 2021. As the assessee had made timely payments, the disallowances were deleted, and the appeals were allowed, overturning the CIT(A)'s decision. en-us Tue, 05 Apr 2022 00:00:00 +0530 Sat, 16 Apr 2022 08:11:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421055 The appeals challenged the disallowance of employee contributions to ESI/PF and Education Cess under the Income Tax Act. The Tribunal ruled in favor of the assessee, holding that if the employee's share of contribution was paid before the due date of filing the return, no disallowance could be made. The Tribunal emphasized prospective application of the amendment by the Finance Act, 2021. As the assessee had made timely payments, the disallowances were deleted, and the appeals were allowed, overturning the CIT(A)'s decision. Case-Laws Income Tax Tue, 05 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421055