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)
Withdrawal of recognition of provident funds for failure to meet conditions; employers and trustees entitled to show cause opportunity. Withdrawal of recognition of a recognised provident fund is authorised where the fund fails to meet the conditions in Part A of the Fourth Schedule or where a related statutory exemption under the employees provident framework is withdrawn; the Chief Commissioner or Commissioner holds the power to withdraw recognition but must first give the employer and the trustees an opportunity to show cause against the proposed withdrawal.
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.
Withdrawal of recognition of provident funds for failure to meet conditions; employers and trustees entitled to show cause opportunity.
Withdrawal of recognition of a recognised provident fund is authorised where the fund fails to meet the conditions in Part A of the Fourth Schedule or where a related statutory exemption under the employees provident framework is withdrawn; the Chief Commissioner or Commissioner holds the power to withdraw recognition but must first give the employer and the trustees an opportunity to show cause against the proposed withdrawal.
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