Deduction on Employees’ PF Contribution can be Claim Even if Payment was made After Due Date as per S. 36(1)(va) of Income Tax Act: ITAT [Read Order]

By Killamsetty Rasmita - On August 9, 2023 6:00 am - 2 mins read
Deduction on Employees PF Contribution - Payment - Due Date - Deduction - Income Tax Act - ITAT - taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has ruled that employers can claim a deduction on employees’ PF contributions even if the payment was made after the due date. The ITAT held that the term “month” in section 36(1)(va) of the Income Tax Act, 1961 should be considered as the month in…

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