https://www.taxtmi.com/caselaws?id=60751 Interest paid for delay in disbursement of provident fund accumulation was treated as part of the exempt fund balance rather than separate taxable income. Applying section 5(3)(b) of Part A of the Fourth Schedule to the Income-tax Act, 1961, the interest attributable to an employee's accumulated provident fund balance retained the same exempt character as the underlying provident fund amount. As a result, the interest could not be brought to tax and the related addition was deleted. en-us Mon, 26 Nov 1984 00:00:00 +0530 Fri, 07 Jan 2011 18:40:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60751 Interest paid for delay in disbursement of provident fund accumulation was treated as part of the exempt fund balance rather than separate taxable income. Applying section 5(3)(b) of Part A of the Fourth Schedule to the Income-tax Act, 1961, the interest attributable to an employee's accumulated provident fund balance retained the same exempt character as the underlying provident fund amount. As a result, the interest could not be brought to tax and the related addition was deleted. Case-Laws Income Tax Mon, 26 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60751