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TMI Blog2022 (6) TMI 1305X X X X Extracts X X X X X X X X Extracts X X X X ..... er dated 27-08-2021 passed by the National Faceless Appeal Centre (NFAC), Delhi u/s.250 of the Income-tax Act, 1961 (hereinafter also called 'the Act') in relation to the assessment year 2019-10. 2. The only issue raised in this appeal is against the confirmation of disallowance of Rs.1,44,897/- made by the Assessing Officer (AO) u/s.36(1)(va) of the Act on account of late deposit of the Employee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s but before the time stipulated for filing return u/s 139(1) of the Act for the year under consideration. In our opinion, this issue is no more res integra in view of several judgments allowing deduction u/s 36(1)(va) of employees' share of contribution deposited after due date under the respective Acts but before the date prescribed u/s 139 of the Act. The Hon'ble Himachal Pradesh High Court in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... explaining the provisions of the Finance Bill, 2021, provides that this amendment will take effect from 1st April, 2021 and will, accordingly apply in relation to assessment year 2021- 2022 and subsequent assessment years. Since the assessment year under consideration is 2019-20, which is anterior to the amendment carried out with effect from A.Y. 2021-22, we hold that the position of law as set o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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