https://www.taxtmi.com/caselaws?id=422010 The delay in filing the appeal before the Tribunal was condoned due to unforeseen circumstances, and the appeal was allowed. The addition made to the income of the assessee regarding delayed payments of employees' contribution to ESI and PF was disputed. The ITAT ruled in favor of the assessee, holding that the amendments to tax laws were prospective and not retrospective. Consequently, the disallowance of employees' contribution to ESI and PF was deleted, emphasizing the importance of timely appeals and consistent judicial interpretations in tax matters. en-us Mon, 11 Apr 2022 00:00:00 +0530 Fri, 06 May 2022 08:32:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422010 The delay in filing the appeal before the Tribunal was condoned due to unforeseen circumstances, and the appeal was allowed. The addition made to the income of the assessee regarding delayed payments of employees' contribution to ESI and PF was disputed. The ITAT ruled in favor of the assessee, holding that the amendments to tax laws were prospective and not retrospective. Consequently, the disallowance of employees' contribution to ESI and PF was deleted, emphasizing the importance of timely appeals and consistent judicial interpretations in tax matters. Case-Laws Income Tax Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422010