https://www.taxtmi.com/caselaws?id=432225 The Tribunal set aside the disallowance of Rs.19,49,912/- claimed under section 36(1)(va) r.w.s. 43B of the Income Tax Act, 1961, holding that the delayed deposit of employee's PF share was saved by the extended time period under section 43B of the Act. The Tribunal also overturned the Commissioner of Income Tax (Appeals) order confirming the adjustment made to the returned income, in favor of the assessee. The Tribunal determined that the amendments by the Finance Act, 2021, were not applicable to the present case for Assessment Year 2011-12. en-us Tue, 23 Aug 2022 00:00:00 +0530 Sat, 31 Dec 2022 08:44:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432225 The Tribunal set aside the disallowance of Rs.19,49,912/- claimed under section 36(1)(va) r.w.s. 43B of the Income Tax Act, 1961, holding that the delayed deposit of employee's PF share was saved by the extended time period under section 43B of the Act. The Tribunal also overturned the Commissioner of Income Tax (Appeals) order confirming the adjustment made to the returned income, in favor of the assessee. The Tribunal determined that the amendments by the Finance Act, 2021, were not applicable to the present case for Assessment Year 2011-12. Case-Laws Income Tax Tue, 23 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432225