https://www.taxtmi.com/caselaws?id=304796 The Tribunal allowed both appeals of the assessee, leading to the deletion of disallowances under section 36(1)(va) read with section 2(24)(x) for non-deposit of employees' contributions towards PF & ESI within the due date. The Tribunal determined that the amendment disallowing such contributions if not made on time was prospective, resulting in the eligibility of deductions. The decision, pronounced on August 2, 2022, favored the assessee based on timely payment before the return due date. en-us Tue, 02 Aug 2022 00:00:00 +0530 Thu, 27 Oct 2022 07:48:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304796 The Tribunal allowed both appeals of the assessee, leading to the deletion of disallowances under section 36(1)(va) read with section 2(24)(x) for non-deposit of employees' contributions towards PF & ESI within the due date. The Tribunal determined that the amendment disallowing such contributions if not made on time was prospective, resulting in the eligibility of deductions. The decision, pronounced on August 2, 2022, favored the assessee based on timely payment before the return due date. Case-Laws Income Tax Tue, 02 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304796