(1) Where the accumulated balance due to an employee participating in a recognised provident fund is included in his total income, owing to the provisions of rule 8 of Part A of the Fourth Schedule not being applicable, the 1 Assessing Officer shall calculate the total of the various sums of 2 tax in accordance with the provisions of sub-rule (1) of rule 9 thereof.
(2) Where the accumulated balance due to an employee participating in a recognised provident fund which is not included in his total income under the provisions of rule 8 of Part A of the Fourth Schedule becomes payable, super-tax shall be calculated in the manner provided in sub-rule (2) of rule 9 thereof.
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1. Subs. by Act 4 of 1988, s. 2, for "Income-tax Officer" (w.e.f. 1-4-1988).
2. Subs. by Act 10 of 1965, s. 33, for "income-tax and super-tax" (w.e.f. 1-4-1965).
Section 101 Framing of guidelines
Section 110 Determination of tax where total income includes income on which no tax is payable
Section 111 Tax on accumulated balance of recognised provident fund
Section 111A Tax on short-term capital gains in certain cases
Section 112 Tax on long-term capital gains
Section 112A Tax on long-term capital gains in certain cases
Section 113 Tax on long-term capital gains in certain cases
Section 115A Tax on dividends, royalty and technical service fees in the case of foreign Companies