Employees Contribution to PF- Section 36(1)(va) will prevail over section 43B

The view that section 43B is a general provision which merely bars deduction of specified sums, unless they are actually paid and whereas provisions of section 36(1)(va) specifically deal with deduction in respect of payment of employees’ contribution to provident fund and other funds; therefore, the provisions of section 36(1)(va), being special provisions enacted to deal with specific matter would prevail over the general provisions of section 43B has been upheld.  Income Tax Appellate Tribunal – Kolkata Special Bench Joint Commissioner Of Income Tax  vs I.T.C. Ltd.  Dated- ...