rule 325
Arrangements for winding up, etc., of business
Income-tax Rules, 2026Tax2026335 rules
Statutory text
Arrangements for winding up, etc., of business.
325. Where the trade or undertaking of the employer is to be wound up or discontinued, the trustees shall, with the prior approval of, and subject to such conditions as may be imposed by, approving authority, make satisfactory arrangements for the payment of gratuity to the existing beneficiaries.
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