https://www.taxtmi.com/caselaws?id=436534 The tribunal confirmed the addition for the delay in remittance of employees' contribution towards Provident Fund (PF) and Employees' State Insurance (ESI) for a private limited company. The decision was based on the Supreme Court's ruling emphasizing the distinction between employer and employee contributions, deeming the latter as income that must be deposited timely to qualify for deduction. The tribunal upheld the disallowances, citing the necessity for adherence to the due dates prescribed under the respective statutes and applying the amendments to Sections 36(1)(va) and 43B retrospectively. en-us Tue, 28 Feb 2023 00:00:00 +0530 Sat, 15 Apr 2023 08:51:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436534 The tribunal confirmed the addition for the delay in remittance of employees' contribution towards Provident Fund (PF) and Employees' State Insurance (ESI) for a private limited company. The decision was based on the Supreme Court's ruling emphasizing the distinction between employer and employee contributions, deeming the latter as income that must be deposited timely to qualify for deduction. The tribunal upheld the disallowances, citing the necessity for adherence to the due dates prescribed under the respective statutes and applying the amendments to Sections 36(1)(va) and 43B retrospectively. Case-Laws Income Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436534