https://www.taxtmi.com/caselaws?id=304296 The Appellate Tribunal ITAT Pune allowed the appeal, directing the deletion of the disallowance of late deposit of Employees' share of EPF and ESI under section 36(1)(va) of the Income-tax Act for the assessment year 2019-20. The Tribunal held that the amount was deposited before the due date under section 139(1) of the Act, in line with established legal principles predating the recent amendment introduced by the Finance Act, 2021. Therefore, the disallowance was deemed unnecessary, resulting in the deletion of the addition. en-us Wed, 22 Jun 2022 00:00:00 +0530 Sun, 18 Sep 2022 14:36:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304296 The Appellate Tribunal ITAT Pune allowed the appeal, directing the deletion of the disallowance of late deposit of Employees' share of EPF and ESI under section 36(1)(va) of the Income-tax Act for the assessment year 2019-20. The Tribunal held that the amount was deposited before the due date under section 139(1) of the Act, in line with established legal principles predating the recent amendment introduced by the Finance Act, 2021. Therefore, the disallowance was deemed unnecessary, resulting in the deletion of the addition. Case-Laws Income Tax Wed, 22 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304296