2022 (6) TMI 1520

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.... VP: This appeal by the assessee is directed against the order dated 22-07-2021 passed by the National Faceless Appeal Centre (NFAC), Delhi u/s.250 of the Income-tax Act, 1961 (hereinafter also called 'the Act') in relation to the assessment year 2019-20. 2. This appeal is time barred by one day. The ld. AR has attributed the reason of delay due to Covid-19 pandemic. Therefore, the said dela....

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....allowance. 5. We have heard both the sides and gone through the relevant material on record. It is an admitted position that the assessee did deduct employees' share of EPF and ESI and paid the same after the due date under the respective legislations but before the time stipulated for filing return u/s 139(1) of the Act. In our opinion, this issue is no more res integra in view of several judg....

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.... etc is delayed by an employer beyond the due date under the respective Acts, the disallowance will be called for notwithstanding the fact that it was deposited before the due date u/s 139 of the Act. The Memorandum explaining the provisions of the Finance Bill, 2021, provides that this amendment will take effect from 1st April, 2021 and will, accordingly apply in relation to assessment year 2021-....