Taxability of Interest Accrued on Employee Contribution to Recognized Fund

MOHIT JAIN , Last updated: 13 September 2021 Share Follow on Google News

Issue 1. Section 10(12) provides that accumulated balance becoming due and payable to employee from Recognized Provident fund (RPF), which is not taxable as per rule 8 of part A of Schedule IV of Income Tax Act, shall be exempt 2. Finance Act 21, appended a proviso to this section to the effec

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited Articles Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

3352 Views Comment Share Income Tax Report

About the Author

MOHIT JAIN

EMPLOYMENT

Academic B.Com(H) (1996) Hansraj College, Delhi University C.A (1998), Institute of Chartered Accountants of India. Experience Over 15 years of total experience across:- Direct Taxation Strategic Merger, Demerger, Slump sales and Other Corporate level planning Procedural Finalisi ... Read more

View Articles