https://www.taxtmi.com/caselaws?id=422335 The Tribunal allowed the appeal, holding that the amendments to Section 36(1)(va) and Section 43B, introduced by the Finance Act, 2021, apply only from assessment year 2021-22 onwards. Therefore, for the assessment year 2018-19, the amendments do not apply. Relying on binding precedents, the Tribunal ruled that employee contributions towards PF and ESI, deposited before the due date of filing the return of income under Section 139(1), cannot be disallowed. As a result, the disallowance of Rs. 11,52,115/- on this account was deleted. en-us Tue, 29 Mar 2022 00:00:00 +0530 Fri, 13 May 2022 07:50:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422335 The Tribunal allowed the appeal, holding that the amendments to Section 36(1)(va) and Section 43B, introduced by the Finance Act, 2021, apply only from assessment year 2021-22 onwards. Therefore, for the assessment year 2018-19, the amendments do not apply. Relying on binding precedents, the Tribunal ruled that employee contributions towards PF and ESI, deposited before the due date of filing the return of income under Section 139(1), cannot be disallowed. As a result, the disallowance of Rs. 11,52,115/- on this account was deleted. Case-Laws Income Tax Tue, 29 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422335