https://www.taxtmi.com/caselaws?id=424039 The Tribunal allowed the appeal, directing the AO to verify the challans evidencing the deposit of employee's contributions to PF/ESI before the due date for filing the return of income under section 139(1). The decision aligned with the jurisdictional High Court's rulings, permitting deductions if contributions were deposited before the return filing due date, despite delays. The Finance Act, 2021 amendments were deemed prospective, not applicable to the relevant assessment year. Compliance with natural justice principles was upheld. en-us Mon, 02 May 2022 00:00:00 +0530 Tue, 21 Jun 2022 08:56:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424039 The Tribunal allowed the appeal, directing the AO to verify the challans evidencing the deposit of employee's contributions to PF/ESI before the due date for filing the return of income under section 139(1). The decision aligned with the jurisdictional High Court's rulings, permitting deductions if contributions were deposited before the return filing due date, despite delays. The Finance Act, 2021 amendments were deemed prospective, not applicable to the relevant assessment year. Compliance with natural justice principles was upheld. Case-Laws Income Tax Mon, 02 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424039