Belated payment of employee's PF contribution is disallowable even if paid before due of filing return

September 11, 2015[2015] 61 taxmann.com 119 (Kerala)

IT : Section 36(1)(va) and section 43B operate in different fields i.e. the former takes care of employee's contribution to provident fund and the latter employer's contribution to provident fund. Assessee is entitled to deduction u/s 43B only with regard to employer's contribution. Assessee entitled to deduction of employee's contribution to provident fund only if the same is paid within the due date provided u/s 36(1)(va)-i.e. within the due dates provided by the respective labour laws