1992 (3) TMI 100

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..... ployees' contribution towards P.F., E.S.I., etc." 2. The amount of Rs. 18,628 represents employee's contribution towards provident fund. The CIT(A) deleted the said addition on the ground that the deductions made out of salary of the employees on account of P.F., E.S.I., etc., are not covered under the provisions of s. 43B. The provisions of s. 43B at it stood in the relevant previous year cove .....

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..... e due date. Both these provisions came into force from the asst. yr. 1988-89. We are dealing with asst. yr. 1986-87. The deduction from employee's salary towards their contribution for P.F. and E.S.I. can neither be regarded as income nor are covered by provisions of s. 43B in that year. Therefore, the view taken by the CIT(A) does not require any interference. 3. In the result, the appeal is d .....

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