https://www.taxtmi.com/caselaws?id=423734 The tribunal allowed the appeal, holding that the amendment to Section 36(1)(va) by the Finance Act, 2021, is prospective and not retrospective. As the assessee had deposited employees' contributions before the due date for filing the return, the tribunal directed the assessing officer to delete the disallowance of Rs. 45,80,864. The amendment was deemed inapplicable to the Assessment Year 2019-2020. en-us Mon, 23 May 2022 00:00:00 +0530 Tue, 14 Jun 2022 08:28:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423734 The tribunal allowed the appeal, holding that the amendment to Section 36(1)(va) by the Finance Act, 2021, is prospective and not retrospective. As the assessee had deposited employees' contributions before the due date for filing the return, the tribunal directed the assessing officer to delete the disallowance of Rs. 45,80,864. The amendment was deemed inapplicable to the Assessment Year 2019-2020. Case-Laws Income Tax Mon, 23 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423734