https://www.taxtmi.com/manuals?id=1141 Employers are restricted from claiming a tax deduction for amounts paid to set up, form or contribute to any fund, trust, company, association of persons, body of individuals, society or other institution, unless the payment falls within a recognised statutory exception. Deduction is preserved only for contributions specifically permitted under the provisions governing recognised provident funds, recognised superannuation funds, employer contributions to the statutory pension scheme, and approved gratuity funds, or where the payment is legally required under another law in force. Employee welfare fund contributions are generally not deductible unless they fit within the specified exceptions. en-us Tue, 15 Sep 2015 11:27:00 +0530 Fri, 01 May 2026 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1141 Employers are restricted from claiming a tax deduction for amounts paid to set up, form or contribute to any fund, trust, company, association of persons, body of individuals, society or other institution, unless the payment falls within a recognised statutory exception. Deduction is preserved only for contributions specifically permitted under the provisions governing recognised provident funds, recognised superannuation funds, employer contributions to the statutory pension scheme, and approved gratuity funds, or where the payment is legally required under another law in force. Employee welfare fund contributions are generally not deductible unless they fit within the specified exceptions. Manuals Income Tax Tue, 15 Sep 2015 11:27:00 +0530 https://www.taxtmi.com/manuals?id=1141