https://www.taxtmi.com/caselaws?id=469113 Employees' contribution to provident fund and ESI deposited after the prescribed due date is not allowable as a deduction under section 36(1)(va) and is treated as income under section 2(24)(x). The text applies the Supreme Court ruling in Checkmate Services (P) Ltd., which authoritatively settles that delayed remittance of employees' welfare contributions defeats deduction claims even if the amounts were received during the relevant year. The disallowance is therefore sustained, and the assessment adjustment relating to late deposit of employees' contribution remains undisturbed. en-us Fri, 28 Mar 2025 00:00:00 +0530 Tue, 02 Jun 2026 21:23:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469113 Employees' contribution to provident fund and ESI deposited after the prescribed due date is not allowable as a deduction under section 36(1)(va) and is treated as income under section 2(24)(x). The text applies the Supreme Court ruling in Checkmate Services (P) Ltd., which authoritatively settles that delayed remittance of employees' welfare contributions defeats deduction claims even if the amounts were received during the relevant year. The disallowance is therefore sustained, and the assessment adjustment relating to late deposit of employees' contribution remains undisturbed. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469113