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Income Tax - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

Disallowance of claims of superannuation fund u/s. 40A(9) and ...


Company Wins Approval to Remit Superannuation Fund Contributions Under IT Act Section 40A(9.

March 3, 2021

Case Laws     Income Tax     AT

Disallowance of claims of superannuation fund u/s. 40A(9) and gratuity fund u/s. 40A(7) - the company had applied for the approval of Superannuation Fund as well as Gratuity Fund which is administered by the LIC in March 1999. The assessee remits the contribution to LIC in respect of Superannuation Fund governed by the provision of section 40A(9). - The claim cannot be denied - AT

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