https://www.taxtmi.com/caselaws?id=425069 The Tribunal ruled in favor of the appellant in a tax dispute involving the interpretation of provisions of s. 43B of the Income Tax Act, 1961. The Tribunal found that the delay in depositing employee contributions to EPF and ESI funds did not warrant disallowance as the payments were made before the due date of filing the return. Additionally, the Tribunal held that the employees' share towards ESI and PF was not subject to disallowance under specific sections of the Income Tax Act, citing relevant legal precedents, ultimately setting aside the lower authorities' orders and allowing the appeal. en-us Thu, 07 Jul 2022 00:00:00 +0530 Thu, 14 Jul 2022 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425069 The Tribunal ruled in favor of the appellant in a tax dispute involving the interpretation of provisions of s. 43B of the Income Tax Act, 1961. The Tribunal found that the delay in depositing employee contributions to EPF and ESI funds did not warrant disallowance as the payments were made before the due date of filing the return. Additionally, the Tribunal held that the employees' share towards ESI and PF was not subject to disallowance under specific sections of the Income Tax Act, citing relevant legal precedents, ultimately setting aside the lower authorities' orders and allowing the appeal. Case-Laws Income Tax Thu, 07 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425069