Amended provisions related to deduction for ESI/PF applicable from AY 2021-22

Abhimanyu Sharma Vs ITO (ITAT Jaipur)

In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return of income u/s 139(1) of the Act and therefore, the legal proposition laid down in aforesaid decisions squarely applies in the instant case. Further, the ld D/R has referred to the explanation to section 36(1)(va) and section 43B by thePlease become a Premium member. If you are already a Premium member, login here to access the full content.