https://www.taxtmi.com/caselaws?id=439895 Employees' provident fund and ESI contributions constitute income when received by the employer and are deductible only if deposited within the due date prescribed under the applicable welfare law. The provident fund remittance obligation arises by reference to the close of the relevant wage month, not the date on which salaries are actually disbursed. The statutory framework places primary responsibility for remitting both employer and employee contributions on the employer, while wage deduction merely recovers the employee share. Consequently, delayed deposit of employees' provident fund contributions is not deductible, and a due date calculated from actual salary payment is not accepted. en-us Tue, 27 Jun 2023 00:00:00 +0530 Wed, 05 Jul 2023 08:00:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439895 Employees' provident fund and ESI contributions constitute income when received by the employer and are deductible only if deposited within the due date prescribed under the applicable welfare law. The provident fund remittance obligation arises by reference to the close of the relevant wage month, not the date on which salaries are actually disbursed. The statutory framework places primary responsibility for remitting both employer and employee contributions on the employer, while wage deduction merely recovers the employee share. Consequently, delayed deposit of employees' provident fund contributions is not deductible, and a due date calculated from actual salary payment is not accepted. Case-Laws Income Tax Tue, 27 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439895