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Delay in disposing applications leads to a number of problems and creates hardships.

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Full Text of the Document

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.... were filed before 31st March, 1976. The delay in disposing of such applications leads to a number of problems and creates hardships. 2. Firstly contribution by employer to a fund which has not been approved is not a permissible deduction under law, secondly, unless the funds are approved the income of such funds will not be exempt u/s.10(25) of the I.T.Act. Thirdly in the case of provident funds....

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