https://www.taxtmi.com/caselaws?id=465276 The ITAT Jaipur allowed the assessee's appeal, holding that employees' contributions to PF and ESI deposited after the statutory due dates but before the due date for filing the return u/s 139(1) are allowable deductions for AY 2019-20. It held that the amendments to s.36(1)(va) and s.43B by the Finance Act 2021, as per the Memorandum, are expressly prospective from 1 April 2021 and apply only from AY 2021-22 onwards. Consequently, the adjustment made by CPC u/s 143(1) disallowing such contributions was unsustainable and directed to be deleted. en-us Tue, 18 Oct 2022 00:00:00 +0530 Sat, 13 Dec 2025 10:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465276 The ITAT Jaipur allowed the assessee's appeal, holding that employees' contributions to PF and ESI deposited after the statutory due dates but before the due date for filing the return u/s 139(1) are allowable deductions for AY 2019-20. It held that the amendments to s.36(1)(va) and s.43B by the Finance Act 2021, as per the Memorandum, are expressly prospective from 1 April 2021 and apply only from AY 2021-22 onwards. Consequently, the adjustment made by CPC u/s 143(1) disallowing such contributions was unsustainable and directed to be deleted. Case-Laws Income Tax Tue, 18 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465276