If PF contribution of EMPLOYEE for Assessment year 2008-2009 is paid after the due date & b'fore the due date of IT return filing (return of income). In this case it will be allowed & disallowed?
If PF contribution of EMPLOYEE for Assessment year 2008-2009 is paid after the due date & b'fore the due date of IT return filing (return of income). In this case it will be allowed & disallowed?
as per the latest notification it is allowable expenditure
previous it was not allowed
mahesh can u tell me the notification because according to me employees contribution is covered under section 36(1)(va) and is not allowed as a deduction if not paid before the date prescribed under P F Act , it has no link with date of filing of return.
R P S K & Associates
Nashik
CA Inter
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SSGS and Associates
Chennai
CA Inter
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