https://www.taxtmi.com/caselaws?id=423122 The Tribunal allowed the assessee's claim for disallowance of Rs. 18,12,622 towards employees' contribution to EPF/ESIC. It held that the contributions were deposited before the due date of filing the return of income, citing precedents that supported the view that such payments cannot be disallowed under relevant sections of the Income Tax Act. The Tribunal emphasized the prospective nature of the amendment and directed the Assessing Officer to delete the disallowance, ruling in favor of the assessee. en-us Fri, 27 May 2022 00:00:00 +0530 Mon, 30 May 2022 08:46:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423122 The Tribunal allowed the assessee's claim for disallowance of Rs. 18,12,622 towards employees' contribution to EPF/ESIC. It held that the contributions were deposited before the due date of filing the return of income, citing precedents that supported the view that such payments cannot be disallowed under relevant sections of the Income Tax Act. The Tribunal emphasized the prospective nature of the amendment and directed the Assessing Officer to delete the disallowance, ruling in favor of the assessee. Case-Laws Income Tax Fri, 27 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423122