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EPF late payment disallowance

Amod Ranjan (Service) (356 Points)

22 November 2019

EPF employer and employees contribution late payment disallow both part or single?

Please help.

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3 Replies

Kapadia Pravin (17249 Points)
Replied 22 November 2019

It is worth noting that Section 43B is applicable only to Employer‘s contribution and is not applicable to Employees‘ contribution .

Employees’ PF/ ESI Contribution not covered by Section 43B

rama krishnan (12234 Points)
Replied 23 November 2019

Employer contribution is covered by section 36(1)(Iv) r. w. s. 43B and deduction will be allowed on deposit of the same in employees account within due date prescribed under respective law for the time being in force
similarly, employees contribution is covered by section 36(1)(va) and deduction will be allowed on deposit of the same in employees account within due date prescribed under respective law for the time being in force