Dear Friends
While in case of a Recognised Provident Fund employee contribution is taxable but he gets deduction under section 80C.
My question is regarding employees contribution in UNRECOGNISED Provident Fund.
Will his contribution be taxable? I know he wont get deduction under section 80C but will his contribution to URPF be taxable under the head Salaries?
Regards
shivani
CAclubindia
