Small delay in depositing PF and ESI would lead to irreparable income tax loss decides Supreme Court

Most of us are under an impression that depositing Provident Fund and ESI although is a regular monthly exercise but a small delay cannot impact any Income Tax Perspective since we can claim deduction of such PF and ESI Contribution if it is deposited before the Due date of Filing Income Tax Return under Income Tax Act, 1961.

source https://www.caclubindia.com/articles/small-delay-in-depositing-pf-esi-would-lead-to-irreparable-income-tax-loss-decides-supreme-court-47868.asp