https://www.taxtmi.com/caselaws?id=423077 Employees' contribution to PF and ESI is deductible only if credited to the relevant welfare fund on or before the due date under the applicable labour statute. The jurisdictional High Court's binding view was followed, holding that belated deposit of employees' contributions does not satisfy the statutory condition for deduction. Applying that principle, the disallowance of the employees' PF and ESI contributions deposited after the prescribed due date was upheld. en-us Thu, 05 May 2022 00:00:00 +0530 Sat, 28 May 2022 09:37:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423077 Employees' contribution to PF and ESI is deductible only if credited to the relevant welfare fund on or before the due date under the applicable labour statute. The jurisdictional High Court's binding view was followed, holding that belated deposit of employees' contributions does not satisfy the statutory condition for deduction. Applying that principle, the disallowance of the employees' PF and ESI contributions deposited after the prescribed due date was upheld. Case-Laws Income Tax Thu, 05 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423077