https://www.taxtmi.com/caselaws?id=779063 ITAT CHANDIGARH - AT dismissed the appeal, holding that employees' contributions to provident fund/ESI, etc., are deductible under s.36(1)(va) only if paid within the prescribed due dates under the relevant welfare statutes. The bench followed the SC ruling in the relevant precedent, finding the legal position has always been that timely payment is a condition for deduction and that subsequent legislative clarifications operate retrospectively; therefore the disallowance was sustained. en-us Mon, 20 Jan 2025 00:00:00 +0530 Sat, 27 Sep 2025 08:34:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779063 ITAT CHANDIGARH - AT dismissed the appeal, holding that employees' contributions to provident fund/ESI, etc., are deductible under s.36(1)(va) only if paid within the prescribed due dates under the relevant welfare statutes. The bench followed the SC ruling in the relevant precedent, finding the legal position has always been that timely payment is a condition for deduction and that subsequent legislative clarifications operate retrospectively; therefore the disallowance was sustained. Case-Laws Income Tax Mon, 20 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779063