https://www.taxtmi.com/caselaws?id=465977 Whether deduction under s.36(1)(va) is allowable when the employer deposits employees' share to provident/welfare funds after statutory due dates but before filing the return - held that relying on Supreme Court (Checkmate Services) the statutory prerequisite for s.36(1)(va) is deposit by the employer within the time prescribed by the respective fund Acts; the due date under s.139(1) is irrelevant. Payment of Wages Act s.5 does not prescribe deposit timing for fund contributions; the specific fund Acts (15 days rule) govern. Outcome: disallowance under s.36(1)(va) sustained and adjustment under s.143(1)(a) upheld against the assessee. en-us Tue, 29 Nov 2022 00:00:00 +0530 Sat, 17 Jan 2026 13:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465977 Whether deduction under s.36(1)(va) is allowable when the employer deposits employees' share to provident/welfare funds after statutory due dates but before filing the return - held that relying on Supreme Court (Checkmate Services) the statutory prerequisite for s.36(1)(va) is deposit by the employer within the time prescribed by the respective fund Acts; the due date under s.139(1) is irrelevant. Payment of Wages Act s.5 does not prescribe deposit timing for fund contributions; the specific fund Acts (15 days rule) govern. Outcome: disallowance under s.36(1)(va) sustained and adjustment under s.143(1)(a) upheld against the assessee. Case-Laws Income Tax Tue, 29 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465977