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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Exemption u/s 10(23AAA) - Once the fund is approved by the ...


Employee Contributions to Approved Funds Exempt from Tax Under Income Tax Act Section 10(23AAA.

December 16, 2013

Case Laws     Income Tax     HC

Exemption u/s 10(23AAA) - Once the fund is approved by the Commissioner in accordance with the Rules made in this behalf, the contribution made by the employees to the said fund do not form part of the total income and consequently, it does not attract tax - HC

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