Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Tax on accumulated provident fund balances requires assessing officer to compute tax under prescribed schedule provisions. When the exemption in Part A of Schedule XI is inapplicable and the accumulated balance of a recognised provident fund is included in an employee's total ... Summary
Tax on accumulated provident fund balances requires assessing officer to compute tax under prescribed schedule provisions.
When the exemption in Part A of Schedule XI is inapplicable and the accumulated balance of a recognised provident fund is included in an employee's total income, the Assessing Officer must compute tax by aggregating the separate sums of tax calculated in accordance with the prescribed schedule provisions for these special cases.
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