Amendment to Sec 36(1)(Va) & 43B by Finance Act, 2021 not applicable to AY 2019-20

Sattva Media and Consulting Pvt. Ltd Vs DCIT (ITAT Bangalore)

Introduction: Sattva Media and Consulting Pvt. Ltd. contested a tax dispute against DCIT (ITAT Bangalore) concerning the disallowance of employees’ contribution to provident fund and ESI. The order, dated 23.12.2021, prompted the appeal by Sattva Media.

Detailed Analysis: The crux of the matter lies in the disallowance of Rs. 94,49,275 concerning the employees’ contribution to PF and

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