March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 94, Arrangements for winding up, etc., of fund94. Any arrangements for the winding up of the fund or for its amalgamation with […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 93, Arrangements on winding up, etc., of business93. Where the employer’s trade or undertaking is to be wound up or discontinued, the […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 92, Penalty if employee assigns or charges interest in fund92. If an employee assigns or creates a charge upon his beneficial interest in a […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 91, Beneficiary not to have any interest in insurance and employer not to have any interest in fund’s moneys91. (1) No beneficiary shall have any interest in any insurance policy taken out by […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 90, Commutation of annuity90. Any payment in commutation of annuity shall not exceed— (a) in a case where […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 89, Scheme of insurance or annuity89. For the purpose of providing the annuities for the beneficiaries, the trustees shall— (i) […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 88, Initial contributions1888. Subject to any condition which the Board may think fit to specify under clause […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 87, Ordinary annual contributions1887. The ordinary annual contribution by the employer to a fund in respect of any […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 86, Admission of directors to a fund86. Where the employer is a company17 as defined in clause (i) of sub-section (1) of section […]
March 28, 2018Published by Law@HostBooks at March 28, 2018Categories All Rules Income-tax RulesRule – 85, Investment of fund moneys85. All moneys contributed to the fund after the 31st day of October, 1974, or received […]