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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Deduction u/s 43B / 36(1) - At least with respect to the ...

Case Laws     Income Tax

August 2, 2018

Deduction u/s 43B / 36(1) - At least with respect to the employee's contributions, which the employer deducts from the salary of the employees, if it is not remitted into the fund within the due date, the employer not only has defaulted the stipulation in the labour legislation but has received an income; albeit an illegal enrichment.

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