https://www.taxtmi.com/caselaws?id=457049 ITAT Mumbai allowed the assessee's appeal regarding disallowance of employees' contributions to provident fund, ESIC and welfare funds under Section 143(1). The tribunal held that since payments were made before the due date of filing income tax returns under Section 139(1), no disallowance was warranted. Following the precedent in Kalpesh Synthetics Pvt. Ltd., the tribunal ruled that the due date under Section 36(1)(va) explanation is not decisive for determining disallowance when computing total income. The adjustment made during return processing was deemed vitiated in law and deleted. en-us Wed, 03 Aug 2022 00:00:00 +0530 Tue, 03 Sep 2024 22:33:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457049 ITAT Mumbai allowed the assessee's appeal regarding disallowance of employees' contributions to provident fund, ESIC and welfare funds under Section 143(1). The tribunal held that since payments were made before the due date of filing income tax returns under Section 139(1), no disallowance was warranted. Following the precedent in Kalpesh Synthetics Pvt. Ltd., the tribunal ruled that the due date under Section 36(1)(va) explanation is not decisive for determining disallowance when computing total income. The adjustment made during return processing was deemed vitiated in law and deleted. Case-Laws Income Tax Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457049