https://www.taxtmi.com/caselaws?id=459266 ITAT Mumbai held that employee contributions to PF/ESIC cannot be disallowed under section 36(1)(va) when payments are made within statutory due dates. The tribunal noted that for the assessee company, salary payments fall due in subsequent months after client certification, making the PF/ESIC due dates correspondingly later. Tax auditor's revised certificate confirmed no delays occurred. Regarding gratuity provision, ITAT accepted tax auditor's corrected certificate clarifying that actuarial provisions are allowable under section 40A(7)(b). The matter was remanded to AO to verify revised certificates and grant consequential relief, directing deletion of disallowances where no statutory delays existed. en-us Wed, 23 Aug 2023 00:00:00 +0530 Fri, 06 Dec 2024 18:57:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459266 ITAT Mumbai held that employee contributions to PF/ESIC cannot be disallowed under section 36(1)(va) when payments are made within statutory due dates. The tribunal noted that for the assessee company, salary payments fall due in subsequent months after client certification, making the PF/ESIC due dates correspondingly later. Tax auditor's revised certificate confirmed no delays occurred. Regarding gratuity provision, ITAT accepted tax auditor's corrected certificate clarifying that actuarial provisions are allowable under section 40A(7)(b). The matter was remanded to AO to verify revised certificates and grant consequential relief, directing deletion of disallowances where no statutory delays existed. Case-Laws Income Tax Wed, 23 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459266