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)
Recognition of provident funds takes effect from the application month, with limited adjustment for employer request or justified delay. Recognition of a provident fund ordinarily takes effect from the last day of the month in which the application is received, unless the employer requests a later month in the same financial year. If the Chief Commissioner or Commissioner is satisfied that there was sufficient reason for delay in filing the application, recognition may be accorded from a date not earlier than the first day of April of the financial year in which the application is made.
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.
Recognition of provident funds takes effect from the application month, with limited adjustment for employer request or justified delay.
Recognition of a provident fund ordinarily takes effect from the last day of the month in which the application is received, unless the employer requests a later month in the same financial year. If the Chief Commissioner or Commissioner is satisfied that there was sufficient reason for delay in filing the application, recognition may be accorded from a date not earlier than the first day of April of the financial year in which the application is made.
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