https://www.taxtmi.com/caselaws?id=423505 The Tribunal allowed the appeal filed by the assessee, directing the Assessing Officer to verify the challans evidencing the deposit of employee contributions to PF/ESI before the due date for filing the return of income under Section 139(1). If verified, the assessee shall be entitled to the deduction under Section 36(1)(va) of the Act. The decision was based on the consistent judicial interpretation that the amendments by the Finance Act, 2021, are prospective and the principles laid down by the Allahabad High Court in a relevant case. en-us Thu, 02 Jun 2022 00:00:00 +0530 Wed, 08 Jun 2022 09:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423505 The Tribunal allowed the appeal filed by the assessee, directing the Assessing Officer to verify the challans evidencing the deposit of employee contributions to PF/ESI before the due date for filing the return of income under Section 139(1). If verified, the assessee shall be entitled to the deduction under Section 36(1)(va) of the Act. The decision was based on the consistent judicial interpretation that the amendments by the Finance Act, 2021, are prospective and the principles laid down by the Allahabad High Court in a relevant case. Case-Laws Income Tax Thu, 02 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423505