No need to affix Rs one Revenue Stamp on PF claim forms in case of payments through NEFT-EPFO
Employees’ Provident Fund Organisation
(Ministry of Labour, Govt. Of India)
No. Exem/Misc./CBT-ltem/2013/Vol-II/32894 Dated: 07 MAR 2017
To
The All Addl. Central P. F. Commissioner (Zones),
The All Regional P.F. Commissioners -lncharge,
Regional Offices/Sub Regional Offices .
Subject: Dispensing with the procedure of affixing of Rs. 1/- Revenue Stamp on claim forms in case of payments through NEFT – regarding.
Sir,
Please refer to this office circular No. WSU/Ciaim Form/Revenue Stamp/9962 dated 18.08.2015 whereby the necessary instructions in the matter regarding dispensing with the procedure of affixing of rs. 1/- revenue stamp on claim forms in case of payments through National Electronic Fund Transfer (NEFT) was communicated (copy enclosed).
2. It is observed that even though EPFO has stopped the use of revenue stamp on claim forms, in case the claim amount is to be paid through NEFT but found that some P.F exempted establishments continue to insist on You are therefore requested to inform the employer of exempted establishments on the step being taken to simplify the settlement of claims and ensure that instructions issued by Head Office vide circular dated 18.08.2015 should follow strictly.
Yours faithfully
(K. L. Goyal)
Addl. Central P.F. Commissioner (Exemption)
Ph: -011-26170928
No addition when cash deposited in bank was out of cash in hand available with the assessee and AO could…
Use of word “can” in arbitration clause cannot be said to be a binding arbitration agreement –Supreme Court In a…
Repayments of loans taken for asset generation can’t be deducted to arrive at earning capacity for determining maintenance to wife…
Seat of arbitration is governed by the agreement of the parties and not by the place of hearing or the…
ITAT quashed order u/s 263 enhancing disallowance observing in appellate proceedings, CIT(A) has power of enhancements of income assessed, if…
Section under which penalty should be initiated cannot be subject matter of revisionary jurisdiction under section 263 of Income Tax…