Requirements for approval of a fund for welfare of employees and their dependents under Schedule VII [Table: Sl. No. 2] to Act

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Full Text of the Document

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....y the Board for the welfare of employees and their dependents (where such employees are member of such fund) shall be formed under a trust and it shall be evidenced by a trust deed. (2) The contributions to the fund are to be made by the employees by way of periodical subscription. (3) The application for approval shall be made in Form No. 180 to the Principal Commissioner of Income-tax or C....