Incorporation section code 192A and 194LBB: 192A & 194LBB have been added for below forms which will be applicable for statements pertain to FY 2015-16 & Q1 onwards. Section code 192A will be applicable for Form 26Q. Section code 194LBB will be applicable only for Form 26Q and 27Q. For section code 192A, select 92D […]
Tag: Section 192A
When an employee participating in a Recognised Provident Fund (RPF) withdraws the accumulated balance lying to her/his credit in the said RPF account, that amount is not included in her/his total income and is considered as exempt provided certain conditions are met. The main condition is that such a person should have rendered continuous service […]