https://www.taxtmi.com/caselaws?id=302131 The Tribunal allowed the appeal of the assessee, ruling that the disallowance of Rs. 5,69,094 towards employees' contribution to ESI and PF was not justified as the contributions were deposited before the due date for filing the return of income. The Tribunal held that contributions made before the due date of filing the return of income cannot be disallowed under the Income Tax Act. Additionally, the Tribunal clarified that the retrospective applicability of the amendment introduced by the Finance Act, 2021, did not apply to the assessment year 2018-19. en-us Mon, 15 Nov 2021 00:00:00 +0530 Fri, 06 May 2022 08:30:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302131 The Tribunal allowed the appeal of the assessee, ruling that the disallowance of Rs. 5,69,094 towards employees' contribution to ESI and PF was not justified as the contributions were deposited before the due date for filing the return of income. The Tribunal held that contributions made before the due date of filing the return of income cannot be disallowed under the Income Tax Act. Additionally, the Tribunal clarified that the retrospective applicability of the amendment introduced by the Finance Act, 2021, did not apply to the assessment year 2018-19. Case-Laws Income Tax Mon, 15 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302131