https://www.taxtmi.com/circulars?id=9204 Recognition of provident, superannuation and gratuity funds may be withdrawn for breach of recognition conditions, particularly nonpayment of employer or employee contributions. The Commissioner's office will verify compliance; trustees must be sent a prescribed annual letter within three months of each year-end and returns examined. If conditions are unmet, notices and show-cause proceedings must be issued, replies considered on merits, and, if warranted, an order withdrawing recognition passed. Withdrawal is effective on the date of the order and causes tax liability and loss of employee and employer deduction benefits. en-us Thu, 22 Jun 1978 00:00:00 +0530 Thu, 02 Jun 2011 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9204 Recognition of provident, superannuation and gratuity funds may be withdrawn for breach of recognition conditions, particularly nonpayment of employer or employee contributions. The Commissioner's office will verify compliance; trustees must be sent a prescribed annual letter within three months of each year-end and returns examined. If conditions are unmet, notices and show-cause proceedings must be issued, replies considered on merits, and, if warranted, an order withdrawing recognition passed. Withdrawal is effective on the date of the order and causes tax liability and loss of employee and employer deduction benefits. Circulars Income Tax Thu, 22 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9204