Deduction under Sec 36(1)va

This query is : Resolved 

17 September 2009 If the employer does not pays the employees contribution to ESI within due date. Will it be permanently disallowed u/s 36(1)(va)

17 September 2009 Yes... The law says you can keep money of the govt and afterwards pay interest and get deduction but u cannot keep money collected from employee and get deduction of the same on delayed payment.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query