https://www.taxtmi.com/caselaws?id=433100 The case involved the disallowance of payment made to ESI/PF as employees' share of contribution under section 36(1)(va) of the Income Tax Act, 1961. The court upheld that the distinction between employer and employee contributions is crucial, with the employee's contribution needing to be deposited before the due dates specified in the Acts to claim deductions. The judgment clarified that failure to meet these deadlines results in the permanent disallowance of the deduction under section 36(1)(va). Consequently, the appeal was dismissed in favor of the Revenue. en-us Thu, 24 Nov 2022 00:00:00 +0530 Sat, 21 Jan 2023 08:50:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433100 The case involved the disallowance of payment made to ESI/PF as employees' share of contribution under section 36(1)(va) of the Income Tax Act, 1961. The court upheld that the distinction between employer and employee contributions is crucial, with the employee's contribution needing to be deposited before the due dates specified in the Acts to claim deductions. The judgment clarified that failure to meet these deadlines results in the permanent disallowance of the deduction under section 36(1)(va). Consequently, the appeal was dismissed in favor of the Revenue. Case-Laws Income Tax Thu, 24 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433100