Esi & pf due date clarification

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32 Points Posted on 28 August 2012

Dear all good evening,

ESI & PF Due Date

ESI & PF paid through Cheque Date on 15.05.2012

ESI & PF Challan mentioned Date on 19.05.2012

Bank seal shown on challan 22.05.2012

now is it eligible to allow deduction under Income tax?

if Dis allowed means which contribution disallowed i.e Employee contribution,or Employer contribution or Both?

Replies (1)

Posted on 28 August 2012

due date is 20th of next month (including 5 days of grace) for pf

for ESI it is 21 of next month

if payment made even during the grace then also exp is allowed (as per cae law and GN on tax audit)

also only employee contribution will disallow (disallowed forever except in case of Delhi because of AIMIL ltd delhi HC case law)

and employer contribution is subject to 43B

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