https://www.taxtmi.com/caselaws?id=456450 ITAT Cuttack rectified its earlier order following SC decision in Checkmate Services case. The tribunal held that delayed employees' contributions to PF and ESI beyond prescribed due dates are not allowable under section 36(1)(va) of Income Tax Act. Section 43B provisions do not apply to employees' contributions under section 36(1)(va). The matter was restored to AO for re-adjudication with liberty to assessee to raise necessary arguments. Appeal was partly allowed for statistical purposes. en-us Fri, 13 Jan 2023 00:00:00 +0530 Thu, 25 Jul 2024 20:02:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456450 ITAT Cuttack rectified its earlier order following SC decision in Checkmate Services case. The tribunal held that delayed employees' contributions to PF and ESI beyond prescribed due dates are not allowable under section 36(1)(va) of Income Tax Act. Section 43B provisions do not apply to employees' contributions under section 36(1)(va). The matter was restored to AO for re-adjudication with liberty to assessee to raise necessary arguments. Appeal was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 13 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456450