https://www.taxtmi.com/acts?id=53322 Annual accretion by way of interest, dividend or similar amounts credited during the current tax year to a specified fund or scheme is treated as a taxable perquisite under section 17(1)(i) through a prescribed formula. The computation is linked to excess principal contribution by the employer, prior taxable perquisite amounts, and the ratio of accrued income to the average opening-and-closing balance of the fund or scheme account. The rule also defines specified fund or scheme by reference to section 17(1)(h) and ignores any excess where prior amounts exceed the opening balance. en-us Fri, 20 Mar 2026 17:37:55 +0530 Mon, 06 Apr 2026 10:21:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53322 Annual accretion by way of interest, dividend or similar amounts credited during the current tax year to a specified fund or scheme is treated as a taxable perquisite under section 17(1)(i) through a prescribed formula. The computation is linked to excess principal contribution by the employer, prior taxable perquisite amounts, and the ratio of accrued income to the average opening-and-closing balance of the fund or scheme account. The rule also defines specified fund or scheme by reference to section 17(1)(h) and ignores any excess where prior amounts exceed the opening balance. Act-Rules Income Tax Fri, 20 Mar 2026 17:37:55 +0530 https://www.taxtmi.com/acts?id=53322