Section 311 of Income-tax Rules, 2026 – Arrangements on winding up, etc., of business

Home › Income-tax Rules, 2026

Section 311: Arrangements on winding up, etc., of business

Arrangements on winding up, etc., of business.

311. When the business of the employer is to be closed or discontinued, the trustees shall, with the prior approval of and subject to the conditions imposed by the approving authority, make suitable arrangements for providing annuities to current employees, or to their widows, children, or dependents in the event of their death.

Source: official text of Income-tax Rules, 2026 as published on India Code (PDF). All sections of Income-tax Rules, 2026.

Related posts:

  1. Income-tax Rules, 2026 – All Sections
  2. Comparison of Section of New Income Tax Bill Vs Old Income Tax Act
  3. INCOME-TAX ACT 1961
  4. Section 73 of Income-tax Rules, 2026 – Relief under section 157(1), when salary is paid in arrears or in advance, gratuity, etc