Section 111. Tax on accumulated balance of recognised provident fund

CHAPTER XII DETERMINATION OF TAX IN CERTAIN SPECIAL CASES 1 — [110. Determination of tax where total income includes income on which no tax is payable. Where there is included in the total income of an assessee any income on which no income-tax is payable under the provisions of this Act, the assessee shall be entitled to a deduction, from the amount of incometax with which he is chargeable on his total income, of an amount equal to the income-tax calculated at the average rate of income-tax on the amount on which no income-tax is payable.] 1. Subs. by Act 10 of 1965, s. 32, for section 110 (w.e.f. 1-4-1965). 111. Tax on accumulated balance of recognised provident fund. —(1) Where the accumulated balance due to an employee participating in a recognised provident fund is included in his total income, owing to the provisions of rule 8 of Part A of the Fourth Schedule not being applicable, the[1] [Assessing Officer] shall calculate the total of the various sums of[[2]] [tax] in accordance with the provisions of sub-rule (1) of rule 9 thereof. Officer] shall calculate the total of the various sums of[[2]] [tax] in accordance with the provisions of (2) Where the accumulated balance due to an employee participating in a recognised provident fund which is not included in his total income under the provisions of rule 8 of Part A of the Fourth Schedule becomes payable, super-tax shall be calculated in the manner provided in sub-rule (2) of rule 9 thereof.