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2021 (9) TMI 1336 - AT - Income TaxLate deposit of employees share of PF & ESI - additions of the impugned amounts for the reasons that the assessees did not deposit the amounts of employees contribution as per the provisions of section 36(1)(va) - Scope of amendment - HELD THAT:- In the present cases, it is not in dispute that the assessees deposited the contribution of PF & ESI belated in terms of section 36(1)(va) of the Act, however, the said deposits were made prior to filing of return of income u/s 139(1). See MOHANGARH ENGINEERS AND CONSTRUCTION COMPANY VERSU [2021 (8) TMI 563 - ITAT JODHPUR], SALZGITTER HYDRAULICS PRIVATE LIMITED [2021 (6) TMI 1059 - ITAT HYDERABAD] and HARENDRA NATH BISWAS [2021 (7) TMI 942 - ITAT KOLKATA] Thus additions made by the Assessing Officer and sustained by the Ld. CIT(A) on account of deposits of employees contribution of ESI & PF prior to filing of the return of income u/s 139(1) of the Act, in both the years under consideration prior to the amendment made by the Finance Act, 2021 w.e.f. 1.4.2021 vide Explanation 5, are deleted. - Decided in favour of assessee.
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