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What's New Important due dates for the month of December 2020     



95. Application for approval


(1) The application for approval of a fund or part of a fund under sub-rule (1) of rule 4 of Part B of the Fourth Schedule shall contain the following information :


            (a)        Name of employer and address, his business, profession, etc., also his principal place of business.


            (b)        Classes and number of employees entitled to the benefits of the fund


            (i)         in India ;


            (ii)        outside India.


            (c)        Place where the accounts of the fund are or will be maintained.


            (d)        If the fund is already in existence, the details of investment of the fund.


(2) A verification in the following form shall be annexed to the application :




We/I, the trustee(s) of the abovenamed fund, do declare that what is stated in the above application is true to the best of our/my information and belief, and that the documents sent herewith are the originals or true copies thereof.



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