Recognised provident fund - Definition / Legal Terminology - Income Tax

As per clause (38) section 2 of the Income -tax Act 1961 Recognised provident fund means - a provident fund which has been and continues to be recognised by the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner in accordance with the rules contained in Part A of the Fourth Schedule, and includes a provident fund established under a scheme framed under the Employees Provident Funds Act, 1952;