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2021 (7) TMI 1265
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....Sri Rohit Mujumdar, DR ORDER PER S.S. GODARA, J.M. This assessee's appeal for A.Y. 2015-16 arises against the Commissioner of Income Tax (Appeals) "[CIT(A)]"-1, Hyderabad's order dated 11.06.2018 passed in case no. 0109/2018-19 in proceedings u/s 143(3) of the Income Tax Act, 1961 [in short 'the Act']. Heard both the parties. Case file perused. The Assessee has raised the following ....
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....) as well as 43B vide Finance Act, 2021 to this effect but also the CBDT has issued Memorandum of Explanation that the same applies w.e.f. 1.4.2021 only. It is further not an issue that the foregoing legislative amendments have proposed employers' contribution/ disallowance u/s 43B as against employee's contribution u/s 36 (va) of the Act; respectively. However, keeping in mind the fact that the s....