Section 40 - Amendment of Act 43 of 1961 - Labour Provident Fund Laws (Amendment) Act, 1976

40. Amendment of Act 43 of 1961. In the Income-tax Act, 1961, - (a) in section 10, in clause (25), after sub-clause (iv), the following sub-clause shall be inserted, namely :- (v) any income received- (a) by the Board of Trustees constituted under the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 (46 of 1948), on behalf of the Deposit-linked Insurance Fund established under section 3G of that Act; or (b) by the Board of Trustees constituted under the Employees Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), on behalf of the Deposit-linked Insurance Fund established under section 6C of that Act; ; (b) in section 17, in clause (2), in sub-clause (v), after the words superannuation fund , the words, figures and letters or a Deposit-linked Insurance Fund established under section 3G of the Coal Mines Provident Fund and Miscellaneous Provisions Act. 1948 (46 of 1948), or, as the case may be, section 6C of the Employees Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952) shall be inserted.