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Income Tax - Highlights / Catch Notes

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Disallowance u/s 2(24)(x) r.w.s. 36(1)(va) - delay in payment of ...


Court Upholds Timely Payment Rule for PF and ESI Contributions; Disallowance for Delays u/ss 2(24)(x), 36(1)(va.

October 18, 2018

Case Laws     Income Tax     HC

Disallowance u/s 2(24)(x) r.w.s. 36(1)(va) - delay in payment of employee's contribution to PF and ESI - Appellant is therefore not correct in contending that if such wages are paid in the following month, the liability to deposit the employee's contribution to the fund gets differed by another month.

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