https://www.taxtmi.com/manuals?id=1597 Payment from an approved superannuation fund is exempt when made on death, on commutation of annuity on retirement or incapacity, by refund of contributions in specified cases, or by transfer to a notified pension scheme. Employee contributions are deductible subject to the statutory limit, employer contributions are exempt only up to the prescribed aggregate ceiling, and excess contributions are taxable as a perquisite. Where non-exempt payments are made during lifetime, tax must be deducted at the employee's average rate for the relevant period and remitted by the trustees. en-us Wed, 05 Jul 2017 10:12:00 +0530 Tue, 14 Apr 2026 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1597 Payment from an approved superannuation fund is exempt when made on death, on commutation of annuity on retirement or incapacity, by refund of contributions in specified cases, or by transfer to a notified pension scheme. Employee contributions are deductible subject to the statutory limit, employer contributions are exempt only up to the prescribed aggregate ceiling, and excess contributions are taxable as a perquisite. Where non-exempt payments are made during lifetime, tax must be deducted at the employee's average rate for the relevant period and remitted by the trustees. Manuals Income Tax Wed, 05 Jul 2017 10:12:00 +0530 https://www.taxtmi.com/manuals?id=1597