Section 115 - Amendment of Fourth Schedule. - Finance Act, 2016

Amendment of Fourth Schedule. 115. In the Fourth Schedule to the Income-tax Act, in Part A, with effect from the 1st day of April, 2017 in rule 8,- (i) in clause (iii), for the words such other employer occurring at the end, the words such other employer; or shall be substituted; (ii) after clause (iii) and before the Explanation, the following clause shall be inserted, namely:- (iv) if the entire balance standing to the credit of the employee is transferred to his account under a pension scheme referred to in section 80CCD and notified by the Central Government. .