https://www.taxtmi.com/caselaws?id=421232 Employees' contribution to PF and ESI deposited after the welfare-law due dates but before the due date for filing the return was held allowable for the relevant assessment year, because binding precedent treated such payment as compliant before the Finance Act, 2021 amendments. The Tribunal noted that the amendments to sections 36(1)(va) and 43B were stated to operate from 1 April 2021 and apply from assessment year 2021-22 onwards, so they were prospective and could not be applied to the year under appeal. The disallowance was deleted. en-us Wed, 06 Apr 2022 00:00:00 +0530 Tue, 19 Apr 2022 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421232 Employees' contribution to PF and ESI deposited after the welfare-law due dates but before the due date for filing the return was held allowable for the relevant assessment year, because binding precedent treated such payment as compliant before the Finance Act, 2021 amendments. The Tribunal noted that the amendments to sections 36(1)(va) and 43B were stated to operate from 1 April 2021 and apply from assessment year 2021-22 onwards, so they were prospective and could not be applied to the year under appeal. The disallowance was deleted. Case-Laws Income Tax Wed, 06 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421232