https://www.taxtmi.com/caselaws?id=460209 ITAT Delhi held that delayed PF/ESI contributions cannot be claimed as deduction under Section 37(1) when specifically covered under Section 36(1)(va). The tribunal clarified that liability for employee contributions arises only upon actual salary disbursement, not mere accrual. Following precedent in Sentinel Consultants and Supreme Court ruling in Checkmate, the court distinguished between general expenditure deductions and specific statutory provisions. The matter was remanded to AO for proper examination of calculation methodology under relevant PF/ESIC Acts, as this aspect remained unexamined by lower authorities. en-us Fri, 17 Nov 2023 00:00:00 +0530 Wed, 15 Jan 2025 13:46:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460209 ITAT Delhi held that delayed PF/ESI contributions cannot be claimed as deduction under Section 37(1) when specifically covered under Section 36(1)(va). The tribunal clarified that liability for employee contributions arises only upon actual salary disbursement, not mere accrual. Following precedent in Sentinel Consultants and Supreme Court ruling in Checkmate, the court distinguished between general expenditure deductions and specific statutory provisions. The matter was remanded to AO for proper examination of calculation methodology under relevant PF/ESIC Acts, as this aspect remained unexamined by lower authorities. Case-Laws Income Tax Fri, 17 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460209