March 28, 2018

Rule – 83, Establishment of fund and trust

83. The fund and the trust shall be established in India. Reference: www.incometaxindia.gov.in
March 28, 2018

Rule – 82, Definitions

82. In this Part— (1)   “beneficiary” means a person referred to in clause (b) of rule 3 of Part B of the Fourth Schedule for whom provision of annuity is […]
March 28, 2018

Rule – 81, Appeal

81. An appeal under sub-rule (1) of rule 13 of Part A of the Fourth Schedule shall be in Form No. 42 and shall be verified in the manner indicated […]
March 28, 2018

Rule – 80, Exemption from tax when recognition withdrawn

80. If the 9[Chief Commissioner or Commissioner] withdraws recognition from a provident fund, the balance to the credit of each employee at the end of the financial year prior to the date […]
March 28, 2018

Rule – 79, Withdrawal of recognition

79. (1) The Chief Commissioner or Commissioner may withdraw recognition granted to a provident fund if it does not fulfil the conditions specified in Part A of the Fourth Schedule […]
March 27, 2018

Rule – 78, Order of recognition

78. An order according recognition to a provident fund shall take effect from the last day of the month in which the application for recognition is received by the income-tax […]
March 27, 2018

Rule – 77, Application for recognition

77. (1) An application for recognition shall be made by the employers maintaining a provident fund for which recognition is sought and shall be accompanied by the following documents :— (a) […]
March 27, 2018

Rule – 76, Penalty for assigning or creating a charge on beneficial interest

76. If an employee assigns or creates a charge upon his beneficial interest in a recognised provident fund, the 1[Assessing Officer] shall, on the fact of the assignment or charge coming to […]
March 27, 2018

Rule – 75, Limits for contributions

75. 99(1) Where an employee of a company owns shares in the company with a voting power exceeding ten per cent of the whole of such power, the sum of the […]
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