https://www.taxtmi.com/caselaws?id=433533 The Supreme Court dismissed both appeals filed by the assessee concerning the disallowance of employees' contribution towards Provident Fund under section 36(1)(va) of the Income-tax Act, 1961. The Court held that the contributions must be deposited within the due dates specified in the respective statutes to qualify for deduction, emphasizing the distinction between employers' and employees' contributions. As the contributions were not deposited within the prescribed due dates, the appellant was not entitled to the deduction, leading to the dismissal of the appeals on November 7, 2022. en-us Mon, 07 Nov 2022 00:00:00 +0530 Thu, 02 Feb 2023 08:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433533 The Supreme Court dismissed both appeals filed by the assessee concerning the disallowance of employees' contribution towards Provident Fund under section 36(1)(va) of the Income-tax Act, 1961. The Court held that the contributions must be deposited within the due dates specified in the respective statutes to qualify for deduction, emphasizing the distinction between employers' and employees' contributions. As the contributions were not deposited within the prescribed due dates, the appellant was not entitled to the deduction, leading to the dismissal of the appeals on November 7, 2022. Case-Laws Income Tax Mon, 07 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433533