Delay in payment of ESIC and PF

This query is : Resolved

Devendra (Querist)
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10 October 2010 If the employer makes a delay in payment of ESIC and PF, then who's contribution is disallowed? And under which section?

Ram Avtar Singh

Ram Avtar Singh (Expert)
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10 October 2010 Kindly read by this link for detail

http://taxguru.in/income-tax-case-laws/delayed-payment-of-employees%E2%80%99-pf-contribution-allowable-us-43b-of-the-income-tax-act.html

CA. Praveen Narayan

CA. Praveen Narayan (Expert)
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10 October 2010

Following are disallowed under Income tax Act:

Employee`s contribution, if NOT remitted within due date as per respectiv Acts (including grace period)

Employer`s contribution, if NOT remitted within due date within due date of filing return of income..

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