https://www.taxtmi.com/caselaws?id=303682 The appeals were filed against orders related to Assessment Years 2018-19 and 2019-20 regarding employees' share of contribution to ESI. The issue revolved around the applicability of Income Tax Act sections and the retrospective effect of Finance Act, 2021 amendments. The CIT(A) upheld the AO's addition based on the clarificatory amendments but the Tribunal ruled in favor of the assessee, holding that the amendments were prospective from 01.04.2021. The Tribunal allowed the deletion of the additions under section 36(1)(va), supporting the assessee's entitlement to claim deduction if the employees' share of contribution was paid before the due date for filing the return. en-us Mon, 07 Feb 2022 00:00:00 +0530 Fri, 05 Aug 2022 08:54:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303682 The appeals were filed against orders related to Assessment Years 2018-19 and 2019-20 regarding employees' share of contribution to ESI. The issue revolved around the applicability of Income Tax Act sections and the retrospective effect of Finance Act, 2021 amendments. The CIT(A) upheld the AO's addition based on the clarificatory amendments but the Tribunal ruled in favor of the assessee, holding that the amendments were prospective from 01.04.2021. The Tribunal allowed the deletion of the additions under section 36(1)(va), supporting the assessee's entitlement to claim deduction if the employees' share of contribution was paid before the due date for filing the return. Case-Laws Income Tax Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303682