https://www.taxtmi.com/caselaws?id=310400 The Tribunal allowed the appeal in favor of the assessee, setting aside the CIT(A)'s order. It directed the AO to delete the disallowances related to employee contributions for PF and ESIC, concluding that the amendment to section 36(1)(va) was not applicable retrospectively to the assessment year 2018-19. The Tribunal emphasized the importance of applying the law specific to the relevant assessment year and relied on judicial decisions to interpret the tax provisions. The issue regarding the claim of deduction under section 36 was not further addressed in the judgment. en-us Fri, 20 May 2022 00:00:00 +0530 Sun, 22 Oct 2023 21:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310400 The Tribunal allowed the appeal in favor of the assessee, setting aside the CIT(A)'s order. It directed the AO to delete the disallowances related to employee contributions for PF and ESIC, concluding that the amendment to section 36(1)(va) was not applicable retrospectively to the assessment year 2018-19. The Tribunal emphasized the importance of applying the law specific to the relevant assessment year and relied on judicial decisions to interpret the tax provisions. The issue regarding the claim of deduction under section 36 was not further addressed in the judgment. Case-Laws Income Tax Fri, 20 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310400