https://www.taxtmi.com/acts?id=53558 Initial contribution by an employer to a superannuation fund for past services is deductible only within the prescribed limit under section 29(1)(a). The amount is subject to any condition specified by the Board and is capped by a salary-based formula for each year of past service, after reducing any employer contributions made to a provident fund, whether recognised or unrecognised, for the same employee and the same period of service. en-us Fri, 20 Mar 2026 18:47:24 +0530 Wed, 08 Apr 2026 17:12:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53558 Initial contribution by an employer to a superannuation fund for past services is deductible only within the prescribed limit under section 29(1)(a). The amount is subject to any condition specified by the Board and is capped by a salary-based formula for each year of past service, after reducing any employer contributions made to a provident fund, whether recognised or unrecognised, for the same employee and the same period of service. Act-Rules Income Tax Fri, 20 Mar 2026 18:47:24 +0530 https://www.taxtmi.com/acts?id=53558