Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Recognised provident fund withdrawals are excluded from certain withdrawal conditions for qualifying funds after 1 April 2007. The conditions in rules 68, 69, 70 and 71 do not apply to withdrawals made after 1 April 2007 from a fund satisfying clause (ea) of rule 4 of Part A of the Fourth Schedule to the Income-tax Act, 1961. The provision operates as a limited exclusion from the ordinary withdrawal requirements for recognised provident funds.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recognised provident fund withdrawals are excluded from certain withdrawal conditions for qualifying funds after 1 April 2007.
The conditions in rules 68, 69, 70 and 71 do not apply to withdrawals made after 1 April 2007 from a fund satisfying clause (ea) of rule 4 of Part A of the Fourth Schedule to the Income-tax Act, 1961. The provision operates as a limited exclusion from the ordinary withdrawal requirements for recognised provident funds.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.