https://www.taxtmi.com/caselaws?id=783315 ITAT allowed the assessee's appeals and deleted the disallowance of employees' contributions to provident fund and ESI made as an adjustment under s.143(1)(a) for AYs 2019-20 and 2020-21. It held that the amendment to s.36(1)(va) and s.43B by Finance Act 2021 is prospective, applicable only from AY 2021-22, and cannot be used to justify adjustments for prior years. In the face of divergent non-jurisdictional HC decisions, the Tribunal adopted the view favourable to the assessee, holding that delayed employees' contributions could not be disallowed through prima facie adjustment under s.143(1)(a) for the impugned years. en-us Tue, 09 Dec 2025 00:00:00 +0530 Fri, 12 Dec 2025 13:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783315 ITAT allowed the assessee's appeals and deleted the disallowance of employees' contributions to provident fund and ESI made as an adjustment under s.143(1)(a) for AYs 2019-20 and 2020-21. It held that the amendment to s.36(1)(va) and s.43B by Finance Act 2021 is prospective, applicable only from AY 2021-22, and cannot be used to justify adjustments for prior years. In the face of divergent non-jurisdictional HC decisions, the Tribunal adopted the view favourable to the assessee, holding that delayed employees' contributions could not be disallowed through prima facie adjustment under s.143(1)(a) for the impugned years. Case-Laws Income Tax Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783315