Income-tax Rules, 2026

Rule 311Arrangements on winding up, etc., of business

Income-tax Rules, 2026 · G.S.R. 198(E), dated 20-03-2026

When the business of the employer is to be closed or discontinued, the trustees shall, with the prior approval of and subject to the conditions imposed by the approving authority, make suitable arrangements for providing annuities to current employees, or to their widows, children, or dependents in the event of their death.

Referenced by

Rule 301 Definitions for purposes of rules 302 to 315