Amendment status not verified — confirm the current text below against the official source.
For the purposes of the Income-tax Act, 1922 (11 of 1922), 1 the, Fund shall be deemed to be a recognized provident fund within the meaning of Chapter IX-A of that Act: [PROVIDED that nothing contained in the said chapter shall operate to render ineffective any provision of the Scheme (under which the Fund is established) which is repugnant to any of the provisions of that chapter or of the rules made thereunder.] See now the Income-tax Act, 1961 (43 of l961). Chapter XIII. Ins. by Act 37 of 1953, Sec. 7.