Tuesday, September 23, 2014

[aaykarbhavan] Even employee’s contributions to PF are deductible if paid by employer before due date of filing return, rules HC



Even employee's contributions to PF are deductible if paid by employer before due date of filing return, rules HC

September 23, 2014[2014] 49 taxmann.com 29 (Karnataka)/[2014] 266 CTR 241 (Karnataka)
IT: Contribution by employer towards provident fund means both employer's contribution and employee's contributions and if such contributions are paid before due date prescribed under section 139(1), employer shall be entitled to deductions as provided under section 36(1)(iv)
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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