Employees’ contribution to EPF & ESIC deposited beyond due date not allowable

Pr. CIT Vs Orchid Pharma Ltd. (Madras High Court) Employee’s contribution towards Provident Fund (PF) and Employees’ State Insurance (ESI) should be paid within the due date as provided in the related statutes to be allowed as deduction under Section 36(1)(va) of the Income Tax Act, 1961. FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT We have heard Mrs. R. Hemalatha, learned Senior Standing Counsel appearing on behalf of Mr. T.R. Senthilkumar, learned Senior Standing Counsel for the appellant – Revenue. Considering the fact that the assessee was not represented before the Tribunal and tha...