S. 36(1)(va) v. 43B: Employee’s contribution to PF not deductible if paid after due date of fund

Section 36(1)(va), read with section 43B, of the Income-tax Act, 1961 – Belated payment of employee’s contribution to provident fund cannot be allowed as deduction if it is paid after due date of said fund (even if paid within due of furnishing return of income). — South India Corporation Ltd. [2015] 58 taxmann.com 208 (Kerala)

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