Employer Contribution u/s 43B of Income Tax Act is allowable if Payment is done Before Filing of Returns u/s 139(1): ITAT quashes Addition [Read Order]

Employer Contribution - income tax act - payment - filing of returns - ITAT - Taxscan

The employer’s contribution under Section 43B of the Income Tax Act, 1961 is acceptable if the payment is made prior to the filing of returns, according to a recent decision by the Income Tax Appellate Tribunal (ITAT) Amritsar bench. The decision deleted the addition.  The instant appeal of the assessee was filed against the order…

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