D M AND COMPANY
  
CHARTERED ACCOUNTANTS  
 
 
 
    E-mail     Client Login    Admin Login    
 Quick Link
 Home
 Services
 About Us
 Contact Us
  Ask a Query
 
111. Tax on accumulated balance of recognised provident fund(1) Where the accumulated balance due to an employee participating in a recognised provident fund is included in his total income, owing to the provisions of rule 8 of Part A of the Fourth Schedule not being applicable, the Assessing Officer shall calculate the total of the various sums of tax in accordance with the provisions of sub-rule (1) of rule 9 thereof.

(2) Where the accumulated balance due to an employee participating in a recognised provident fund which is not included in his total income under the provisions of rule 8 of Part A of the Fourth Schedule becomes payable, super-tax shall be calculated in the manner provided in sub-rule (2) of rule 9 thereof.

Total Visitors: 609750. Copyrights © D M AND COMPANY All Rights Reserved
Design and Development by Aem SOolutions