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<h1>Commissioner Can Withdraw Provident Fund Recognition if Conditions Aren't Met; Opportunity for Employers to Present Case Required.</h1> The Chief Commissioner or Commissioner has the authority to withdraw recognition from a provident fund if it fails to meet the conditions outlined in Part A of the Fourth Schedule of the Income-tax Act, 1961, or if the exemption under section 17 of the Employees Provident Fund and Miscellaneous Provisions Act, 1952 is revoked. Before withdrawing recognition, they must provide the employer and trustees of the fund an opportunity to present their case. This rule was amended by the Income-tax (First Amendment) Rules, 2007.