https://www.taxtmi.com/caselaws?id=456464 The ITAT Mumbai allowed the appeal regarding delayed payment of PF and ESI contributions under Section 36(1)(va) read with Section 2(24)(x). The tribunal directed the AO to delete the disallowances made on account of delayed payments of provident fund and ESI contributions, granting relief to the assessee. The tribunal declined to address the academic question regarding adjustments under Section 143(1) and the application of Section 43B provisions for determining due dates under Explanation to Section 36(1)(va) for assessment years prior to 2021-22, leaving this issue open for future adjudication in appropriate cases. en-us Wed, 10 Aug 2022 00:00:00 +0530 Sat, 27 Jul 2024 07:29:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456464 The ITAT Mumbai allowed the appeal regarding delayed payment of PF and ESI contributions under Section 36(1)(va) read with Section 2(24)(x). The tribunal directed the AO to delete the disallowances made on account of delayed payments of provident fund and ESI contributions, granting relief to the assessee. The tribunal declined to address the academic question regarding adjustments under Section 143(1) and the application of Section 43B provisions for determining due dates under Explanation to Section 36(1)(va) for assessment years prior to 2021-22, leaving this issue open for future adjudication in appropriate cases. Case-Laws Income Tax Wed, 10 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456464