Indian Income-Tax Act, 1922

58H. Deduction at source of income-tax payable on accumulated balances due.—

The trustees of a recognised provident fund, or other person authorised by the regulations of the fund to make payment of accumulated balances due to employees, shall, at the time an accumulated balance due to an employee is paid, deduct therefrom any income-tax payable under [sub-section (3)] of section 58G and any income-tax and super-tax payable on an employee's total income as determined under subsection (3) of section 58J, and sub-sections (4) to (9) of section 18 shall apply as if the sum to be deducted were income-tax payable under the head "Salaries".

 

 

 

[As amended up to date]