Sec 10(13) - No deduction of Tax in case of transfer of equitable interest from one approved fund to another.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... as to attract taxation as provided u/s.10(13) of the I.T. Act read with rule 6 of part B of the 4th schedule to the I.T. Act on the footing that the transfer is in the case of an employee leaving service voluntarily. 2. Rule 6 of part B to the 4th schedule does not contain a provision similar to rule 8(iii) of part A the said schedule. The basic point however to be considered is whether in the e....