https://www.taxtmi.com/caselaws?id=467364 Whether employee contributions to provident fund and ESI paid by the employer after the statutory statutory enactment due date but before the due date for filing the income tax return are deductible for assessment years prior to AY 2021 22: the Tribunal held that the Finance Act, 2021 amendments operate prospectively from 1 April 2021 and do not apply to earlier years, applied the rule favouring the assessee where two reasonable constructions exist, followed coordinate Benches and High Court precedents treating employer deposits made before the return filing due date as allowable, and deleted additions for delayed remittance accordingly. en-us Wed, 06 Apr 2022 00:00:00 +0530 Mon, 16 Mar 2026 15:47:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467364 Whether employee contributions to provident fund and ESI paid by the employer after the statutory statutory enactment due date but before the due date for filing the income tax return are deductible for assessment years prior to AY 2021 22: the Tribunal held that the Finance Act, 2021 amendments operate prospectively from 1 April 2021 and do not apply to earlier years, applied the rule favouring the assessee where two reasonable constructions exist, followed coordinate Benches and High Court precedents treating employer deposits made before the return filing due date as allowable, and deleted additions for delayed remittance accordingly. Case-Laws Income Tax Wed, 06 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467364