https://www.taxtmi.com/caselaws?id=304374 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to allow the deduction of employee's contributions to PF and ESI paid before the due date of filing the return. The Tribunal held that the amendments to Section 43B apply retrospectively from April 1, 1988, making such contributions deductible despite being paid after the statutory due dates. The decision was based on various High Court precedents and the Supreme Court's ruling in Alom Extrusions Ltd. The appeal was dismissed on 10-09-2014. en-us Wed, 10 Sep 2014 00:00:00 +0530 Fri, 23 Sep 2022 08:23:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304374 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to allow the deduction of employee's contributions to PF and ESI paid before the due date of filing the return. The Tribunal held that the amendments to Section 43B apply retrospectively from April 1, 1988, making such contributions deductible despite being paid after the statutory due dates. The decision was based on various High Court precedents and the Supreme Court's ruling in Alom Extrusions Ltd. The appeal was dismissed on 10-09-2014. Case-Laws Income Tax Wed, 10 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304374