https://www.taxtmi.com/caselaws?id=429234 The appeals were allowed in favor of the assessees, following the decision of the Jurisdictional High Court of Delhi. The Tribunal emphasized timely deposits for the deductibility of expenses related to employee provident fund and employee state insurance scheme. The disallowance of employee contributions of PF/ESI due to delayed deposits was overturned, as the contributions were made before filing the income tax return, and the Finance Act 2021 amendment did not apply to the assessment year in question. en-us Wed, 21 Sep 2022 00:00:00 +0530 Mon, 14 Nov 2022 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429234 The appeals were allowed in favor of the assessees, following the decision of the Jurisdictional High Court of Delhi. The Tribunal emphasized timely deposits for the deductibility of expenses related to employee provident fund and employee state insurance scheme. The disallowance of employee contributions of PF/ESI due to delayed deposits was overturned, as the contributions were made before filing the income tax return, and the Finance Act 2021 amendment did not apply to the assessment year in question. Case-Laws Income Tax Wed, 21 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429234