Saturday, September 1, 2018

No deduction of employee's contribution deposited after due date of relevant fund

IT: Where assessee-employer did not deposit employees' contribution to employees' account in relevant fund before due date as prescribed in Explanation to section 36(1)(va), no deduction would be admissible even though same was deposited before due date as stipulated under section 43B

from www.taxmann.com Latest Case Laws https://ift.tt/2C1VVrr

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