Deduction of the employees’ contribution of PF and ESI as per section 43B of the Income Tax Act

Last updated: 24 December 2021

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This Income Tax Appellate Tribunal case concerns the disallowance of a deduction for late remittance of employees' PF and ESI contributions. The assessee argued that payments made before the due date for filing the income tax return should be allowed as a deduction. The Tribunal, referencing previous rulings, found that the amended provisions of Section 43B and 36(1)(va) were not applicable to the assessment year in question. Therefore, the employees' contributions paid before the due date of filing the return were allowed as a deduction, and the disallowance was deleted.

Court :
ITAT Bangalore

Brief :
This appeal at the instance of the assessee is directed against CIT(A)’s order dated 27.07.2021. The relevant assessment year is 2019-2020.

Citation :
ITA No.507/Bang/2021

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Judgement posted by

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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