https://www.taxtmi.com/caselaws?id=35362 As held by the HC, employees' PF/ESI contributions deducted from salaries are taxable to the employer until actually deposited with authorities; deduction under s.36(1)(va) arises on deposit, while s.43B permits deduction only on actual payment. For the pre-amendment period, applying the SC precedent, the HC held the employer may claim the deduction if the actual deposit is made before filing the return. Employer remains liable to statutory interest/penalties under PF/ESI laws for late deposit. Appeals by the assessees were allowed and revenue appeals dismissed. en-us Wed, 23 Dec 2009 00:00:00 +0530 Wed, 22 Jul 2026 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35362 As held by the HC, employees' PF/ESI contributions deducted from salaries are taxable to the employer until actually deposited with authorities; deduction under s.36(1)(va) arises on deposit, while s.43B permits deduction only on actual payment. For the pre-amendment period, applying the SC precedent, the HC held the employer may claim the deduction if the actual deposit is made before filing the return. Employer remains liable to statutory interest/penalties under PF/ESI laws for late deposit. Appeals by the assessees were allowed and revenue appeals dismissed. Case-Laws Income Tax Wed, 23 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35362