https://www.taxtmi.com/caselaws?id=425651 The Tribunal allowed the appeal filed by the assessee, holding that delayed payments of PF and ESIC before the due date of filing the return did not justify the addition under section 36 of the Income Tax Act. The Tribunal emphasized that the Finance Act of 2021 amendments were prospective and not retrospective, leading to the deletion of the addition made by the Assessing Officer. en-us Thu, 14 Jul 2022 00:00:00 +0530 Thu, 28 Jul 2022 09:12:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425651 The Tribunal allowed the appeal filed by the assessee, holding that delayed payments of PF and ESIC before the due date of filing the return did not justify the addition under section 36 of the Income Tax Act. The Tribunal emphasized that the Finance Act of 2021 amendments were prospective and not retrospective, leading to the deletion of the addition made by the Assessing Officer. Case-Laws Income Tax Thu, 14 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425651