https://www.taxtmi.com/caselaws?id=431460 The Tribunal dismissed the appeal, upholding the disallowance under section 36(1)(va) for delayed deposit of Employees' Contribution to PF and ESI. Following the Supreme Court's decision in Chekmate Services Pvt. Ltd. Vs. CIT, it clarified that even if deposited before the return filing due date, the deduction cannot be claimed. The judgment underscored the distinction between employer's and employees' contributions, emphasizing the timely deposit requirement for deductions. The decision reinforced the importance of complying with statutory obligations for timely deposit of employees' contributions under the Income Tax Act. en-us Thu, 24 Nov 2022 00:00:00 +0530 Tue, 13 Dec 2022 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431460 The Tribunal dismissed the appeal, upholding the disallowance under section 36(1)(va) for delayed deposit of Employees' Contribution to PF and ESI. Following the Supreme Court's decision in Chekmate Services Pvt. Ltd. Vs. CIT, it clarified that even if deposited before the return filing due date, the deduction cannot be claimed. The judgment underscored the distinction between employer's and employees' contributions, emphasizing the timely deposit requirement for deductions. The decision reinforced the importance of complying with statutory obligations for timely deposit of employees' contributions under the Income Tax Act. Case-Laws Income Tax Thu, 24 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431460