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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Employees contribution received from its employees towards ...


PF/ESI Contributions Deposited Late but Before Tax Return Deadline Allowed as Deduction u/s 139(1) IT Act.

October 29, 2020

Case Laws     Income Tax     AT

Employees contribution received from its employees towards PF/ESI - deposited with PF/ESI authorities beyond the time stipulated under the relevant PF/ESI Act but were deposited within the time stipulated for filing of return of income under the provisions of Section 139(1) - Claim of deduction allowed - AT

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