![Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Claim-of-Deduction-ESI-Provident-Fund-Finance-Act-Amendment-ITAT-Taxscan.jpg "Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]")
Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the claim of deduction of contribution to Employee’s State Insurance Scheme (ESI)...
![CBDT notifies Provision for Calculation of Taxable Interest on contribution in a Provident Fund exceeding Specified Limit [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/09/Provident-Fund-CBDT-Taxscan.jpeg "CBDT notifies Provision for Calculation of Taxable Interest on contribution in a Provident Fund exceeding Specified Limit [Read Notification]")
![Income Tax (23rd Amendment) Rules, 2020: CBDT amends manner of Investment in Provident Fund under Rule 67 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/CBDT-Income-Tax-23rd-Amendment-Rules-Investment-Provident-Fund-Taxscan.jpg "Income Tax (23rd Amendment) Rules, 2020: CBDT amends manner of Investment in Provident Fund under Rule 67 [Read Notification]")
ESIC extends Time Limit for Filing Return of PF Contribution for the period October 2019 to March 2020 [Read Circular]
The Employees State Insurance Corporation (ESIC) has extended the time limit for filing the Return of Provident Fund(PF) Contribution for the period of October 2019 to March 2020. In a Circular...
Belated deposit of Employees’ Contribution to PF/ESI made before Filing of Income Tax Returns is Not Deductible: Kerala HC [Read Judgment]
The Kerala High Court, while dismissing an appeal filed by the Kalyan Silks Thrichur Pvt Ltd, ruled that the belated deposit of employees’ contribution to Provident Fund or Employees State Insurance...
![Belated deposit of Employees’ Contribution to PF/ESI made before Filing of Income Tax Returns is Not Deductible: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Kerala-High-Court-Taxscan.jpg "Belated deposit of Employees’ Contribution to PF/ESI made before Filing of Income Tax Returns is Not Deductible: Kerala HC [Read Judgment]")
Interest from Accumulated PF balance received After Retirement is not Eligible for Exemption: ITAT rejects Techie’s plea [Read Order]
The Income Tax Appellate Tribunal recently ruled that accumulated interest from provident fund received post-retirement of the assessee is not eligible for exemption under section 10(12) of the Income...
![Interest from Accumulated PF balance received After Retirement is not Eligible for Exemption: ITAT rejects Techie’s plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Interest-Provident-Fund-Taxscan.jpg "Interest from Accumulated PF balance received After Retirement is not Eligible for Exemption: ITAT rejects Techie’s plea [Read Order]")
Payments towards Labour Welfare Board & PF are Deductible If the Payments are made within grace period: ITAT Kolkata [Read Order]
In a recent ruling, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the payments towards Labour Welfare Board and provident Fund are deductible from the total income of the...
![Payments towards Labour Welfare Board & PF are Deductible If the Payments are made within grace period: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Provident-Fund-Taxscan.jpg "Payments towards Labour Welfare Board & PF are Deductible If the Payments are made within grace period: ITAT Kolkata [Read Order]")
Interest accrued on the Unrecognized Provident Fund is Taxable as ‘Income from Other Sources’: ITAT Cochin [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal Cochin bench held that the interest accrued on the Provident Fund is taxable as ‘Income from other sources’ under the provisions of the Income Tax...
![Interest accrued on the Unrecognized Provident Fund is Taxable as ‘Income from Other Sources’: ITAT Cochin [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Interest-Taxscan-ITAT-Cochin.jpg "Interest accrued on the Unrecognized Provident Fund is Taxable as ‘Income from Other Sources’: ITAT Cochin [Read Order]")
Contribution to Provident Fund under the ESI Act paid after Due Date is allowable as Deduction: Rajasthan HC [Read Judgment]
In the case M/S Central Office Mewar Palace Organization Pvt. Ltd., City Palace, Udaipur V. The Joint Commissioner of Income-Tax, Udaipur, the division bench of the Rajasthan High Court held that the...
![Contribution to Provident Fund under the ESI Act paid after Due Date is allowable as Deduction: Rajasthan HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/RajasthanHighCourt-Taxscan.jpg "Contribution to Provident Fund under the ESI Act paid after Due Date is allowable as Deduction: Rajasthan HC [Read Judgment]")
Grant-in-Aids are ‘Capital Receipts’: ITAT Kolkata allows Deduction on interest paid for delayed deposit of PF [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal, in a recent ruling held that “grant-in Aids” received by the State Fisheries Development Corporation is not taxable for the reason that such...
![Grant-in-Aids are ‘Capital Receipts’: ITAT Kolkata allows Deduction on interest paid for delayed deposit of PF [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Grant-in-Aids are ‘Capital Receipts’: ITAT Kolkata allows Deduction on interest paid for delayed deposit of PF [Read Order]")