Provident fund paid after due date
This query is : Resolved
Chandra Kala
(Querist)
05 December 2024
Cooperative society paid provident fund after due date. The employee constribution allowed or disallowed under which section. Tax treatment as per Income Tax Act
Dhirajlal Rambhia
(Expert)
05 December 2024
Under the Income Tax Act, 1961, the tax treatment for employee contribution to provident fund when paid by a cooperative society after the due date is governed by Section 36(1)(va).
As per this section, the employee contribution to provident fund is allowed as a deduction in the hands of the employer if it is paid before the due date specified under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.
As per this section, the employee contribution to provident fund is allowed as a deduction in the hands of the employer if it is paid before the due date specified under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.
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
- EPF ECR NEW FILE SEP 17TH 2026
- Oct 2025 Invoices
- TDS on Fixed Assets purchased
- GST on Renting godown to KFCSC for Storage of Raagi
- Import of Software Service.
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- Under marginal scheme
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
