is PF paid after the due date is disallowed?? if so both employer and employee contribution or only employee contribution ??
help me....
Rahul Shah
(Assistant Chartered Accountant)
(196 Points)
Replied 30 September 2016
Employer Contribution disallowed u/s 43B if it is not paid within due date of filling of return of Income i.e 30th September
However, deduction cannot be claimed if the employee’s contribution to PF is deposited after due date of filing the return as the provisions of section 43B does not apply to employee’s contribution towards
CA Saba Naaz
(Chartered Accountant)
(8487 Points)
Replied 30 September 2016
CA Saba Naaz
(Chartered Accountant)
(8487 Points)
Replied 30 September 2016
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India