https://www.taxtmi.com/caselaws?id=465346 The dominant issue was whether employees' contributions to PF/ESIC paid after the statutory due dates under the respective welfare laws but before the due date for filing the return are deductible under s.36(1)(va) r/w s.43B. Applying HC precedent, the Tribunal held that the Finance Act, 2021 amendments to s.36(1)(va) and s.43B operate prospectively from AY 2021-22 and cannot govern AY 2018-19; hence, for the relevant year, payments made before the return-filing due date remain allowable, consistent with SC jurisprudence on s.43B. Consequently, the disallowance made by the tax authorities was deleted and the appeal was allowed. en-us Thu, 04 Aug 2022 00:00:00 +0530 Wed, 17 Dec 2025 21:52:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465346 The dominant issue was whether employees' contributions to PF/ESIC paid after the statutory due dates under the respective welfare laws but before the due date for filing the return are deductible under s.36(1)(va) r/w s.43B. Applying HC precedent, the Tribunal held that the Finance Act, 2021 amendments to s.36(1)(va) and s.43B operate prospectively from AY 2021-22 and cannot govern AY 2018-19; hence, for the relevant year, payments made before the return-filing due date remain allowable, consistent with SC jurisprudence on s.43B. Consequently, the disallowance made by the tax authorities was deleted and the appeal was allowed. Case-Laws Income Tax Thu, 04 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465346