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)
Deduction for initial contribution to superannuation capped by salary-based limit, reduced by employer provident contributions. Deduction for an employer's initial contribution to an approved superannuation fund is capped per year of an employee's past service as a percentage of the employee's salary for that year, subject to Board conditions under section 36(1)(iv), and reduced by any employer contributions to any provident fund for that employee for the corresponding year.
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.
Deduction for initial contribution to superannuation capped by salary-based limit, reduced by employer provident contributions.
Deduction for an employer's initial contribution to an approved superannuation fund is capped per year of an employee's past service as a percentage of the employee's salary for that year, subject to Board conditions under section 36(1)(iv), and reduced by any employer contributions to any provident fund for that employee for the corresponding year.
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