Insertion of new section 192A- Payment of accumulated balance due to an employee.

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....ding anything contained in this Act, the trustees of the Employees' Provident Fund Scheme, 1952, framed under section 5 (Payment of accumulated balance due to an employee) of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952) or any person authorised under the scheme to make payment of accumulated balance due to employees, shall, in a case where the accumulated bala....

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....Clause 41 of the Bill seeks to insert a new section 192A in the Income-tax Act relating to payment of accumulated balance due to an employee. It is proposed to insert a new section 192A so as to provide that notwithstanding anything contained in any other provisions of this Act, the trustees of the Employees' Provident Fund Scheme, 1952 framed under section 5 of the Employees' Provident Funds and....