https://www.taxtmi.com/notifications?id=7897 The notification limits deductible employer contributions (excluding fixed annual contributions or contributions fixed by reference to salary, contributions or membership) by reference to the employee's past service salary reduced by employer provident fund contributions; a prescribed proportion of the amount paid in the previous year is deductible, and that deductible allowance is apportioned with one part allowed in the assessment year of payment and the balance spread equally over the next four assessment years. en-us Thu, 21 Oct 1965 00:00:00 +0530 Mon, 11 Aug 2008 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7897 The notification limits deductible employer contributions (excluding fixed annual contributions or contributions fixed by reference to salary, contributions or membership) by reference to the employee's past service salary reduced by employer provident fund contributions; a prescribed proportion of the amount paid in the previous year is deductible, and that deductible allowance is apportioned with one part allowed in the assessment year of payment and the balance spread equally over the next four assessment years. Notifications Income Tax Thu, 21 Oct 1965 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7897