banner_ad

Taxability of Delayed Deposit of Provident Fund

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 August 2009 Rspected Sir,

As per Sec 2(24)x Any sum recd by employed for employees contirbution for any welfare fund is treated as income.
& as per sec 36(V)a any sum such recd above if deposited as per due date of relevant act of that fund will be allowed as deduction.

Does that means if i deposit employees provident fund late, will that be taxable to me (employer) as income ?
Please mention any specific clause or sec.
Thanks in advance
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
13 August 2009 Yes if employees PF is not paid within the stipulated due date the same will be disallowed u/s 36(1)(va).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details