https://www.taxtmi.com/caselaws?id=429415 The Tribunal allowed the appeal, directing the Assessing Officer to grant deductions for employees' contributions to PF and ESIC, holding that contributions made before the due date for filing income tax returns should be allowed. It deemed the CPC's adjustments under Section 143(1)(a) invalid, stating they were beyond the section's scope. The Tribunal emphasized that amendments to Section 36(1)(va) and Section 43B by the Finance Act, 2021, do not apply retrospectively, affecting the assessment year 2018-19. en-us Fri, 30 Sep 2022 00:00:00 +0530 Fri, 28 Oct 2022 09:15:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429415 The Tribunal allowed the appeal, directing the Assessing Officer to grant deductions for employees' contributions to PF and ESIC, holding that contributions made before the due date for filing income tax returns should be allowed. It deemed the CPC's adjustments under Section 143(1)(a) invalid, stating they were beyond the section's scope. The Tribunal emphasized that amendments to Section 36(1)(va) and Section 43B by the Finance Act, 2021, do not apply retrospectively, affecting the assessment year 2018-19. Case-Laws Income Tax Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429415