Deductions related to employee welfare.

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..... ved superannuation fund, subject to-- (i) the limits as prescribed for recognising the provident fund or approving the superannuation fund; and (ii) the conditions, as the Board may specify, for cases where the contributions are not made annually either as fixed amounts, or annual contributions fixed on some definite basis by reference to the income chargeable under the head "Salaries" or the .....

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..... apply, if it is credited by the assessee to the account of the employee in the relevant fund or funds by the due date; (ii) for the purposes of sub-clause (i), "due date" means the date by which the assessee is required as an employer to credit employee contribution to the account of an employee in the relevant fund under any Act, rule, order or notification issued under it or under any standin .....

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..... 60 (21 of 1860), or other institution for any purpose, except where such sum is so paid, for the purposes and to the extent provided by or under sub-section (1)(a) or (b) or (c), or as required by or under any other law in force. - Clause 29 of the Bill seeks to provide the deduction related to employee welfare including contribution to various funds, etc., that need to be allowed while computi .....

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