https://www.taxtmi.com/caselaws?id=31356 The DELHI HC dismissed the appeal, holding that employer contributions to provident fund are not allowable as a deduction for the period prior to the amendment to s.43B, and that the SC's reasoning in the relevant precedent is binding. The court followed its own earlier Division Bench precedent and the reasoning of the Madras HC, rejected the contrary approach of the Bombay HC, and affirmed that judicial discipline requires adherence to the SC view, resulting in dismissal of the appeal. en-us Mon, 03 Nov 2008 00:00:00 +0530 Sat, 06 Sep 2025 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31356 The DELHI HC dismissed the appeal, holding that employer contributions to provident fund are not allowable as a deduction for the period prior to the amendment to s.43B, and that the SC's reasoning in the relevant precedent is binding. The court followed its own earlier Division Bench precedent and the reasoning of the Madras HC, rejected the contrary approach of the Bombay HC, and affirmed that judicial discipline requires adherence to the SC view, resulting in dismissal of the appeal. Case-Laws Income Tax Mon, 03 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31356