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Income deemed to be received

 

Income deemed to be received.

7. The following incomes shall be deemed to be received in the previous year :—

 (i)  the annual accretion in the previous year to the balance at the credit of an employee participating in a recognised provident fund, to the extent provided in rule 6 of Part A of the      Fourth Schedule ;

(ii)  the transferred balance in a recognised provident fund, to the extent provided in sub-rule (4) of rule 11 of Part A of the Fourth Schedule ;

            68[(iii)    the contribution made, by the Central Government 69[or any other employer] in the previous year, to the account of an employee under a pension scheme referred to in section 80CCD.]

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