Statement Of Tax Deducted At Source From Contributions Repaid To Employees In The Case Of An Approved Superannuation Fund

Superannuation Fund, as discussed under Part B of the Fourth Schedule of the Income Tax Act, 1961, is a fund which is approved by the Commissioner of Income Tax. The Superannuation fund falls under the head of Section 80C of Income Tax while computing the income tax for an individual with an exemption for investments upto Rs. 1.5 lacs. This document is a format to the statement of Tax deducted at source from contributions repaid to employees in the case of an approved superannuation. It shall enumerate detailed principal amount of the contribution and interest repaid by the employer.      

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