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Company Can't Claim Deductions for Late PF/ESI Deposits u/s 36(1)(va) of Income Tax Act.
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....Additions towards Employees contribution on account of PF & ESI delayed payment - Assessee company is not entitled for deduction u/s 36(1)(va) claimed on account of depositing the employees contribution towards ESI & PF as per provisions contained u/s 2(24)(x) read with section 36(1)(va) after due date.....
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