https://www.taxtmi.com/caselaws?id=769120 Delayed deposit of employee PF and ESIC contributions remains disallowable under section 36(1)(va) read with section 2(24)(x) when the employer does not pay within the prescribed statutory period. The text notes that, under the Employees' Provident Funds and Miscellaneous Provisions Act, the employer must deduct the employee's contribution and remit it within fifteen days of the close of the relevant month. Relying on Suzlon Energy Ltd., the addition was upheld because the contribution was not deposited in time, and the disallowance was therefore sustained against the assessee. en-us Tue, 25 Mar 2025 00:00:00 +0530 Sat, 19 Apr 2025 08:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769120 Delayed deposit of employee PF and ESIC contributions remains disallowable under section 36(1)(va) read with section 2(24)(x) when the employer does not pay within the prescribed statutory period. The text notes that, under the Employees' Provident Funds and Miscellaneous Provisions Act, the employer must deduct the employee's contribution and remit it within fifteen days of the close of the relevant month. Relying on Suzlon Energy Ltd., the addition was upheld because the contribution was not deposited in time, and the disallowance was therefore sustained against the assessee. Case-Laws Income Tax Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769120