Provident fund

Direct Taxation

What is the difference between statutory provident fund, Recognised Provident fund and Un recognised provident fund with an example ?

Snehashis Mohanty

CA Inter

★ 35

23-Feb-23 23:49

487

Answers (1)

Best Answer

Statutory Provident Fund : set up under Providend Fund Act 1925 Recognised PF : Which is recognised by Commissioner of Income Tax Unrecognised PF : not recognised by CIT

Himanshu Somani

CA Final

★ 97K+

23-Feb-23 23:53