Inspection of superannuation and gratuity fund accounts must follow established provident fund procedure and be reported annually. Inspection of accounts of approved superannuation funds and approved gratuity funds must follow the procedural framework laid down for recognised provident funds under Instruction No.1357. Questionnaires for trustees (Annexures A and B) are provided to standardize scrutiny. A report on inspections, made in the prescribed proforma annexed to Instruction No.1357, must be submitted annually to the D.I. (Income-tax) for monitoring and onward reporting to the Board.
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.
Inspection of superannuation and gratuity fund accounts must follow established provident fund procedure and be reported annually.
Inspection of accounts of approved superannuation funds and approved gratuity funds must follow the procedural framework laid down for recognised provident funds under Instruction No.1357. Questionnaires for trustees (Annexures A and B) are provided to standardize scrutiny. A report on inspections, made in the prescribed proforma annexed to Instruction No.1357, must be submitted annually to the D.I. (Income-tax) for monitoring and onward reporting to the Board.
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