33 Statement of deduction of tax from contributions paid by the trustees of an approved superannuation fund

Statement of deduction of tax from contributions paid by the trustees of an approved superannuation fund.

33. (1) In cases where the trustees of an approved superannuation fund pay any contribu­tions made by an employer, including interest on such contribu­tions, to an employee during his life-time, they shall send within two months from the end of the financial year to the Assessing Officer referred to in rule 36A, a statement giving the following particulars, namely :-

(i) name of the superannuation fund;

(ii) name and address of the employee;

(iii) the period for which the employee has contributed to the superannuation fund;

(iv) the amount of contribution repaid on account of princi­pal and interest;

(v) the average rate of deduction of tax during the preced­ing three years; and

(vi) the amount of tax deducted on repayment.

     (2) A verification in the following Form shall be annexed to the statement referred to in sub-rule (1) :

Form of verification

We/I, the trustee(s) of the above named fund, do declare that what is stated in the above statement is true to the best of our/my information and belief.