https://www.taxtmi.com/caselaws?id=5728 Section 36(1)(iv) permits deduction of sums paid by an employer as contribution to a recognised provident fund or approved superannuation fund, subject to prescribed limits and CBDT-specified conditions only where contributions are not annual fixed contributions or not fixed on a definite basis. The SC held that the impugned "initial contribution" was not a payment made for obtaining recognition/approval and thus fell outside the limit-setting power contemplated under s. 36(1)(iv). Relying substantially on the approach adopted by an HC on the scope of CBDT conditions (without deciding whether actual payment could be mandated), the SC upheld allowability of the entire initial contribution and dismissed the revenue's appeals. en-us Thu, 18 Mar 1999 00:00:00 +0530 Thu, 18 Dec 2025 20:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5728 Section 36(1)(iv) permits deduction of sums paid by an employer as contribution to a recognised provident fund or approved superannuation fund, subject to prescribed limits and CBDT-specified conditions only where contributions are not annual fixed contributions or not fixed on a definite basis. The SC held that the impugned "initial contribution" was not a payment made for obtaining recognition/approval and thus fell outside the limit-setting power contemplated under s. 36(1)(iv). Relying substantially on the approach adopted by an HC on the scope of CBDT conditions (without deciding whether actual payment could be mandated), the SC upheld allowability of the entire initial contribution and dismissed the revenue's appeals. Case-Laws Income Tax Thu, 18 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5728