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    <title>657/CBDT.</title>
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    <description>Fresh approval of superannuation funds under the Income-tax Act, 1961 will not be granted until fund rules are amended to conform with Rule 3(b) of Part B of the Fourth Schedule; fund rules must not permit payment of pension to persons leaving service voluntarily, though approvals already granted under the earlier Act need not be withdrawn.</description>
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      <description>Fresh approval of superannuation funds under the Income-tax Act, 1961 will not be granted until fund rules are amended to conform with Rule 3(b) of Part B of the Fourth Schedule; fund rules must not permit payment of pension to persons leaving service voluntarily, though approvals already granted under the earlier Act need not be withdrawn.</description>
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