https://www.taxtmi.com/caselaws?id=426938 Employees' contributions to PF and ESI deposited after the welfare-law due date but before the section 139(1) return-filing deadline were treated as allowable deductions, because the claim was governed by the interaction of section 36(1)(va) and section 43B. The Finance Act, 2021 amendments to sections 36(1)(va) and 43B were stated to operate from 01.04.2021 and were therefore prospective, not retrospective. For earlier assessment years, the deduction remained available where payment was made before the return-filing due date, and the related disallowance was deleted. en-us Mon, 01 Aug 2022 00:00:00 +0530 Mon, 29 Aug 2022 08:31:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426938 Employees' contributions to PF and ESI deposited after the welfare-law due date but before the section 139(1) return-filing deadline were treated as allowable deductions, because the claim was governed by the interaction of section 36(1)(va) and section 43B. The Finance Act, 2021 amendments to sections 36(1)(va) and 43B were stated to operate from 01.04.2021 and were therefore prospective, not retrospective. For earlier assessment years, the deduction remained available where payment was made before the return-filing due date, and the related disallowance was deleted. Case-Laws Income Tax Mon, 01 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426938