https://www.taxtmi.com/caselaws?id=459824 The ITAT Pune allowed the assessee's appeal against the NFAC's order for the assessment year 2019-20. The tribunal condoned a one-day delay in filing due to the Covid-19 pandemic. The main issue was the disallowance of Rs.10,54,797/- under section 36(1)(va) for late EPF and ESI deposits. The tribunal ruled that since the deposits were made before the filing deadline under section 139(1), the disallowance was unwarranted. The tribunal referenced the Himachal Pradesh HC decision and noted the Finance Act, 2021 amendment did not apply retroactively. The disallowance was deleted, and the appeal was allowed. en-us Wed, 22 Jun 2022 00:00:00 +0530 Mon, 30 Dec 2024 19:58:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459824 The ITAT Pune allowed the assessee's appeal against the NFAC's order for the assessment year 2019-20. The tribunal condoned a one-day delay in filing due to the Covid-19 pandemic. The main issue was the disallowance of Rs.10,54,797/- under section 36(1)(va) for late EPF and ESI deposits. The tribunal ruled that since the deposits were made before the filing deadline under section 139(1), the disallowance was unwarranted. The tribunal referenced the Himachal Pradesh HC decision and noted the Finance Act, 2021 amendment did not apply retroactively. The disallowance was deleted, and the appeal was allowed. Case-Laws Income Tax Wed, 22 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459824