https://www.taxtmi.com/caselaws?id=426145 The ITAT allowed the appeal, overturning the CIT(A)'s decision and directing the AO to cancel the disallowance of Rs.1,91,013 under section 36(1)(va) of the Income Tax Act for delayed deposit of employees' contribution towards EPF/ESIC for the assessment year 2015-16. The ITAT held that both employers' and employees' contributions to PF and ESI fall under section 43B of the Act, citing the case of Ind Synergy Limited and clarifying the prospective application of recent amendments. The appeal was granted on August 5, 2022. en-us Fri, 05 Aug 2022 00:00:00 +0530 Tue, 09 Aug 2022 08:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426145 The ITAT allowed the appeal, overturning the CIT(A)'s decision and directing the AO to cancel the disallowance of Rs.1,91,013 under section 36(1)(va) of the Income Tax Act for delayed deposit of employees' contribution towards EPF/ESIC for the assessment year 2015-16. The ITAT held that both employers' and employees' contributions to PF and ESI fall under section 43B of the Act, citing the case of Ind Synergy Limited and clarifying the prospective application of recent amendments. The appeal was granted on August 5, 2022. Case-Laws Income Tax Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426145