Esic and provident fund payment according to income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 February 2013
AS PER SECTION 36(1)(II)IN WHICH TIME PF AND ESIC PAID TO GOVERMENT ACCOUNT ?????
IF ASSESSEE IS DEPOSITED BEYOND THE TIME LIMIT THAN ALLOWED OR NOT????????
IF ALLOWED THAN WHICH FINANCIAL YEAR...
PLEASE GIVE ME ANS WITH EXAMPLE.
IF ASSESSEE IS DEPOSITED BEYOND THE TIME LIMIT THAN ALLOWED OR NOT????????
IF ALLOWED THAN WHICH FINANCIAL YEAR...
PLEASE GIVE ME ANS WITH EXAMPLE.
23 February 2013
Hi
Due date is as per respective law.
If payment is deposited beyond due date date then exp. is disallowed to the extent of contribution of employee only & can not be claimed back as expenditure.
Employer contribution is allowed in the year of actual payment.
Thanks!!
Due date is as per respective law.
If payment is deposited beyond due date date then exp. is disallowed to the extent of contribution of employee only & can not be claimed back as expenditure.
Employer contribution is allowed in the year of actual payment.
Thanks!!
23 February 2013
Hi
refer article for example:
https://www.caclubindia.com/articles/understanding-section-36-deduction-with-latest-case-laws-12040.asp
Thanks!!
refer article for example:
https://www.caclubindia.com/articles/understanding-section-36-deduction-with-latest-case-laws-12040.asp
Thanks!!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- RATE AND HSN CODE
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- Carriage Road Act, 2007 read with Carriage by Road Rules, 2011
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- TDS AND ITR ISSUE
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Bank details not Visible on Traces Portal
- Difference between Date of Payment and Date of Deduction?
- Journal entry of busniess expenses
- Cash balance limit and property purchases limit
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
