2018 (7) TMI 1327 - SCH - Income Tax

Retrospective effect of first proviso to section 43B - scope of Amendment to section 43B - omission deletion of the second proviso to Section 43-B regarding restriction of deduction in respect of any sum payable by an employer by way of contribution to provident fund/superannuation fund or any other fund for the welfare of employees, unless it stood paid within the specified due date - Held that - SLP dismissed.

Summary

The Supreme Court of India dismissed the special leave petitions as they found no grounds to interfere with the impugned order(s). Pending applications were also disposed of.