https://www.taxtmi.com/caselaws?id=756832 Employees' contribution to PF and ESI was treated as not liable to disallowance under section 36(1)(va) on the peculiar facts of a COVID-19 lockdown delay. The deposits were made immediately after lockdown and banking restrictions were relaxed, and the EPF authority's circular dated 15.05.2020 waived penal damages and stated that no proceedings would be initiated for such delayed remittance during the lockdown period. Although Checkmate Services was noted, the delay was distinguished as brief, lockdown-linked, and not suggestive of misuse of employees' contributions. The disallowance was therefore held unsustainable and the addition deleted. en-us Thu, 25 Jul 2024 00:00:00 +0530 Sat, 10 Aug 2024 09:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756832 Employees' contribution to PF and ESI was treated as not liable to disallowance under section 36(1)(va) on the peculiar facts of a COVID-19 lockdown delay. The deposits were made immediately after lockdown and banking restrictions were relaxed, and the EPF authority's circular dated 15.05.2020 waived penal damages and stated that no proceedings would be initiated for such delayed remittance during the lockdown period. Although Checkmate Services was noted, the delay was distinguished as brief, lockdown-linked, and not suggestive of misuse of employees' contributions. The disallowance was therefore held unsustainable and the addition deleted. Case-Laws Income Tax Thu, 25 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756832