https://www.taxtmi.com/caselaws?id=456487 The Tribunal set aside the impugned order, directing the AO to reexamine the disallowance under section 36(1)(va) for late deposit of employee contributions to ESI and EPF. The Tribunal clarified that while employee contributions must adhere to due dates under the Acts, employer contributions are deductible if paid before the due date u/s.139(1). The appellant is granted a fair hearing to distinguish between employee and employer contributions, with the appeal allowed for statistical purposes. The decision underscores the importance of timely payments and adherence to statutory deadlines for allowable deductions. en-us Fri, 06 Oct 2023 00:00:00 +0530 Mon, 29 Jul 2024 20:13:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456487 The Tribunal set aside the impugned order, directing the AO to reexamine the disallowance under section 36(1)(va) for late deposit of employee contributions to ESI and EPF. The Tribunal clarified that while employee contributions must adhere to due dates under the Acts, employer contributions are deductible if paid before the due date u/s.139(1). The appellant is granted a fair hearing to distinguish between employee and employer contributions, with the appeal allowed for statistical purposes. The decision underscores the importance of timely payments and adherence to statutory deadlines for allowable deductions. Case-Laws Income Tax Fri, 06 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456487