Employees’ contribution paid before due date of filing of return of income u/s 139(1) is allowable deduction

Maheshwari Woods Pvt. Ltd. Vs DCIT (ITAT Bangalore)

Amended provisions of section 43B as well as 36(1)(va) of the I.T.Act are not applicable for the assessment years under consideration as these are applicable from assessment year 2021-2022. By following the binding decision of the Hon’ble jurisdictional High Court in the case of Essae Teraoka Pvt. Ltd Vs. DCIT (supra), the employees’ contribution paid by the assessee before the due date of filing of return of income u/s 139(1) of the I.T.Act is an allowable ded

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