Amendment in sec 43B is curative in nature and applies retrospectively

Hon’ble Allahabad High court has in the case of M/S Simbhauli Sugar Mills Ltd in ITA No 607 of 2011 has held that amendment is sec 43B is curative in nature and would apply retrospectively.

The judgement reads as underneath:-

Whether the claim made by the appellant under Section 43-B of the Act on the delayed payment towards contribution of gratuity fund for earlier years could be disallowed because such paymen

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