Allwing the appeal of the assessee the Court held that; no disaalowance can be made if employees provident fund is deposited prior to due date of filing of return .Followed , CIT v. Alom Extrusions Ltd.( 2009) 319 ITR 306 (SC). (AY. 2001-02)
Kashmir Tubes v. ITO (2017) 85 taxmann.com 299(2018) 300 CTR 541 (J&K) (HC)
S. 43B: Deductions on actual payment – Employees provident fund -No disaalowance can be made , if deposted prior to due date of filing of return [ S.139(1)]