Accountancy, asked by sureshdhanraj36769, 7 hours ago

Ques. :- Define Providend fund. Explain and
distinguish between Recognised and Unrecognised
Providend Fund.

Answers

Answered by jhonpiad03
1

Answer:

recognised provident fund is a provident fund which is recognised by Commissioner of Income Tax.

a President fund which is not recognised by Commissioner of Income Tax is known as unrecognised provident fund this provident fund may be operated in the private establishments .

Explanation:

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