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    <title>Delay in disposing applications leads to a number of problems and creates hardships.</title>
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    <description>Delay in disposing recognition or approval applications for provident, superannuation and gratuity funds causes loss of deductibility for employer contributions, loss of fund income exemption, and denial of employee deductions; the Board directs disposal of backlog applications received before 1 April 1978 by a fixed final date, requires a report identifying disposed and remaining cases with reasons, authorises posting extra staff if needed, and mandates that future applications be disposed within a short prescribed period.</description>
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      <title>Delay in disposing applications leads to a number of problems and creates hardships.</title>
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      <description>Delay in disposing recognition or approval applications for provident, superannuation and gratuity funds causes loss of deductibility for employer contributions, loss of fund income exemption, and denial of employee deductions; the Board directs disposal of backlog applications received before 1 April 1978 by a fixed final date, requires a report identifying disposed and remaining cases with reasons, authorises posting extra staff if needed, and mandates that future applications be disposed within a short prescribed period.</description>
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      <pubDate>Thu, 06 Apr 1978 00:00:00 +0530</pubDate>
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