Laws / Income Tax Law / FIRST SCHEDULE Part B

FIRST SCHEDULE Part B - PART B - RECOGNISED PROVIDENT FUNDS

THE FIRST SCHEDULE
PART B RECOGNISED PROVIDENT FUNDS
[See section 2(52)]


1. Definition.- For the purposes of this Part,-
(a) “accumulated balance due” to an employee means the balance to his credit, or such portion thereof as may be claimable by him under the regulations of the fund, on the day he ceases to be...

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