https://www.taxtmi.com/caselaws?id=794163 Delayed employees' contribution to provident fund and ESI, deposited after the welfare-law due dates but before the return-filing due date, was examined in relation to processing under section 143(1)(a) and rectification under section 154. The Tribunal noted that, for assessment years 2019-20 and 2020-21, the legal position was unsettled and the jurisdictional High Court view favoured allowance, while the Finance Act, 2021 amendment to section 36(1)(va) read with section 43B was stated to apply prospectively from assessment year 2021-22. On that basis, the CPC adjustment and its retention in rectification were held unsustainable, and the disallowance was deleted. en-us Thu, 25 Jun 2026 00:00:00 +0530 Wed, 01 Jul 2026 08:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794163 Delayed employees' contribution to provident fund and ESI, deposited after the welfare-law due dates but before the return-filing due date, was examined in relation to processing under section 143(1)(a) and rectification under section 154. The Tribunal noted that, for assessment years 2019-20 and 2020-21, the legal position was unsettled and the jurisdictional High Court view favoured allowance, while the Finance Act, 2021 amendment to section 36(1)(va) read with section 43B was stated to apply prospectively from assessment year 2021-22. On that basis, the CPC adjustment and its retention in rectification were held unsustainable, and the disallowance was deleted. Case-Laws Income Tax Thu, 25 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794163