https://www.taxtmi.com/caselaws?id=422336 The Tribunal allowed the appeal, holding that the disallowance of Rs. 33,73,061/- for delayed payment of Provident Fund, ESIC, and other welfare funds was unjustified as the payments were made before the due date of filing the return. The Tribunal determined that the amendments introduced by the Finance Act, 2021, were prospective and not applicable to the assessment year 2018-2019. Consequently, the assessing officer was directed to delete the disallowance, ruling in favor of the assessee. en-us Wed, 30 Mar 2022 00:00:00 +0530 Fri, 13 May 2022 07:50:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422336 The Tribunal allowed the appeal, holding that the disallowance of Rs. 33,73,061/- for delayed payment of Provident Fund, ESIC, and other welfare funds was unjustified as the payments were made before the due date of filing the return. The Tribunal determined that the amendments introduced by the Finance Act, 2021, were prospective and not applicable to the assessment year 2018-2019. Consequently, the assessing officer was directed to delete the disallowance, ruling in favor of the assessee. Case-Laws Income Tax Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422336