https://www.taxtmi.com/caselaws?id=308305 The tribunal held that the amendments introduced by the Finance Act, 2021, regarding disallowances under section 36(1)(va) of the Income Tax Act for employees' contributions to Provident Fund and ESI are prospective and apply from Assessment Year (AY) 2021-22 onwards. Contributions made before the due date of filing the return of income should not be disallowed for assessment years prior to AY 2021-22. The appeals were allowed, and the disallowances made by the CIT(A) were directed to be deleted. en-us Tue, 22 Mar 2022 00:00:00 +0530 Wed, 14 Jun 2023 21:50:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308305 The tribunal held that the amendments introduced by the Finance Act, 2021, regarding disallowances under section 36(1)(va) of the Income Tax Act for employees' contributions to Provident Fund and ESI are prospective and apply from Assessment Year (AY) 2021-22 onwards. Contributions made before the due date of filing the return of income should not be disallowed for assessment years prior to AY 2021-22. The appeals were allowed, and the disallowances made by the CIT(A) were directed to be deleted. Case-Laws Income Tax Tue, 22 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308305