https://www.taxtmi.com/caselaws?id=424354 The Tribunal allowed the appeal, deleting the disallowance of Rs. 18,49,116/- for late deposit of employees' PF/ESIC contributions as they were made before the due date of filing the return of income under Section 139(1). The Tribunal held that the amendments to relevant sections were not applicable for the assessment year under consideration, citing previous decisions supporting the deduction for timely payments. The appeal of the assessee was successful in overturning the disallowance based on the timing of the contributions. en-us Thu, 16 Jun 2022 00:00:00 +0530 Tue, 28 Jun 2022 07:44:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424354 The Tribunal allowed the appeal, deleting the disallowance of Rs. 18,49,116/- for late deposit of employees' PF/ESIC contributions as they were made before the due date of filing the return of income under Section 139(1). The Tribunal held that the amendments to relevant sections were not applicable for the assessment year under consideration, citing previous decisions supporting the deduction for timely payments. The appeal of the assessee was successful in overturning the disallowance based on the timing of the contributions. Case-Laws Income Tax Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424354