https://www.taxtmi.com/circulars?id=4513 Trustees of recognised provident funds may include a clause that payment to the nominee or nominees constitutes sufficient discharge of the trustees' liabilities; nominees are entitled to receive the subscriber's balance without automatic requirement of probate or letters of administration, though trustees may require a grant of representation if they deem it necessary; trust deeds with such a payment-discharge provision should not be refused recognition if other rule conditions are satisfied. en-us Fri, 13 Apr 1973 00:00:00 +0530 Wed, 30 Jul 2008 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4513 Trustees of recognised provident funds may include a clause that payment to the nominee or nominees constitutes sufficient discharge of the trustees' liabilities; nominees are entitled to receive the subscriber's balance without automatic requirement of probate or letters of administration, though trustees may require a grant of representation if they deem it necessary; trust deeds with such a payment-discharge provision should not be refused recognition if other rule conditions are satisfied. Circulars Income Tax Fri, 13 Apr 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4513