https://www.taxtmi.com/manuals?id=1241 Trustees or authorised payors of a recognised provident fund must deduct tax at source when an employee's accumulated balance is includible in total income because the exclusion conditions in Part A of the Fourth Schedule do not apply; no deduction is required where the aggregate payment is below the monetary threshold. Rule 9 mandates calculation of tax attributable to prior years as if the fund were not recognised, and Rule 10 requires trustees to deduct the amount so determined at the time of payment, with Chapter XVII-B applying as if the balance were salary. en-us Mon, 05 Oct 2015 11:04:00 +0530 Fri, 19 Apr 2024 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1241 Trustees or authorised payors of a recognised provident fund must deduct tax at source when an employee's accumulated balance is includible in total income because the exclusion conditions in Part A of the Fourth Schedule do not apply; no deduction is required where the aggregate payment is below the monetary threshold. Rule 9 mandates calculation of tax attributable to prior years as if the fund were not recognised, and Rule 10 requires trustees to deduct the amount so determined at the time of payment, with Chapter XVII-B applying as if the balance were salary. Manuals Income Tax Mon, 05 Oct 2015 11:04:00 +0530 https://www.taxtmi.com/manuals?id=1241