https://www.taxtmi.com/caselaws?id=456697 Employees' contribution to provident fund and ESI paid after the statutory due date remains disallowable where the tax audit report shows the payment dates and due dates, because that disclosure is sufficient to support an adjustment under section 143(1). The absence of an express adverse remark in the audit report does not prevent the return-processing adjustment if the underlying dates reveal belated remittance. On the merits, such employee contributions are treated as income under section 2(24)(x) and are deductible only on timely deposit under section 36(1)(va); section 43B does not extend the due date for these contributions for the relevant year. en-us Wed, 22 Feb 2023 00:00:00 +0530 Fri, 09 Aug 2024 00:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456697 Employees' contribution to provident fund and ESI paid after the statutory due date remains disallowable where the tax audit report shows the payment dates and due dates, because that disclosure is sufficient to support an adjustment under section 143(1). The absence of an express adverse remark in the audit report does not prevent the return-processing adjustment if the underlying dates reveal belated remittance. On the merits, such employee contributions are treated as income under section 2(24)(x) and are deductible only on timely deposit under section 36(1)(va); section 43B does not extend the due date for these contributions for the relevant year. Case-Laws Income Tax Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456697