Held that employee’s contribution towards PF/ESI would qualify as deduction under section 36(1)(va) read with section 2(24)(x) even when assessee-company had made payment after due date prescribed under relevant statute but before due date of filing of return. (AY. 2018-19)
Yogi Ji Technoequip (P.) Ltd. v. DCIT CPC (2021) 190 ITD 517 (Delhi) (Trib.)
S. 36(1)(va) : Any sum received from employees-Employee’s contribution towards PF/ESI-Payment was made after due date prescribed under relevant Act and before due date of filing of return-Allowable as deduction. [S. 2(24)(x)]