Income Tax Rules, 2002

CHAPTER-XV

RECOGNISED PROVIDENT FUNDS, APPROVED SUPERANNUATION FUNDS AND APPROVED GRATUITY FUNDS PART III APPROVED GRATUITY FUNDS

From: 2023-11-01 - To: 0000-00-00 119. Treatment of consideration for dealings with beneficial interest.- If an employee assigns or creates a charge upon his beneficial interest in an approved gratuity fund, the Commissioner shall, on the fact of the assignment or charge coming to his knowledge, give notice 1[to] the employee that if he does not secure the cancellation of the receipt of the notice, the consideration…