https://www.taxtmi.com/caselaws?id=426055 The Tribunal allowed the appeal by the assessee, directing the Assessing Officer to grant deduction for employee contributions towards PF and ESI made before the due date of filing the return for Assessment Year 2018-19. The Tribunal held that the amendment to section 36(1)(va) was not retrospective, citing previous decisions and High Court judgments supporting deductions for timely payments. The Tribunal emphasized the need for timely remittance of contributions as per Acts and amendments, overturning the CIT(A)'s dismissal of the appeal. en-us Tue, 02 Aug 2022 00:00:00 +0530 Fri, 05 Aug 2022 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426055 The Tribunal allowed the appeal by the assessee, directing the Assessing Officer to grant deduction for employee contributions towards PF and ESI made before the due date of filing the return for Assessment Year 2018-19. The Tribunal held that the amendment to section 36(1)(va) was not retrospective, citing previous decisions and High Court judgments supporting deductions for timely payments. The Tribunal emphasized the need for timely remittance of contributions as per Acts and amendments, overturning the CIT(A)'s dismissal of the appeal. Case-Laws Income Tax Tue, 02 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426055