67 results for “disallowance”+ Section 272(1)(d)clear
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Bench: Shri Sandeep Gosain & Shri Arun Khodpia
D Shah takes effect from 1st April, 2021 i.e AY 2021-22 and subsequent assessment year and if the remittance of PF/ESI Employees‟ Contribution is not made within the time prescribed by the PF/ESI Act then the remittance cannot be allowed as a deduction which is prospective in operation. Whereas according to Ld. CIT(A), the amendment brought