https://www.taxtmi.com/caselaws?id=421893 The tribunal allowed the appeal, condoning the delay in filing the appeal due to the COVID-19 lockdown. It held that employee contributions to PF/ESIC made before the due date for filing the return should not be disallowed. The tribunal referenced precedents supporting this view and concluded that the Finance Act, 2021 amendment clarifying the treatment of employee contributions is prospective from the assessment year 2021-22 onwards. Therefore, for the assessment year 2018-19, the disallowance of Rs. 2,45,637/- was unjustified, leading to the deletion of the disallowance. en-us Mon, 25 Apr 2022 00:00:00 +0530 Fri, 09 Sep 2022 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421893 The tribunal allowed the appeal, condoning the delay in filing the appeal due to the COVID-19 lockdown. It held that employee contributions to PF/ESIC made before the due date for filing the return should not be disallowed. The tribunal referenced precedents supporting this view and concluded that the Finance Act, 2021 amendment clarifying the treatment of employee contributions is prospective from the assessment year 2021-22 onwards. Therefore, for the assessment year 2018-19, the disallowance of Rs. 2,45,637/- was unjustified, leading to the deletion of the disallowance. Case-Laws Income Tax Mon, 25 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421893