Income Tax Act, 2025
Section 4: Ins. by Act 11 of 1987, s. 3 (w.e.f. 11987).
4. Ins. by Act 11 of 1987, s. 3 (w.e.f. 11987).
47
(37) “public servant” has the same meaning as in section 21 of the Indian Penal Code (45 of
1860);
1[(37A) “rate or rates in force” or “rates in force”, in relation to an assessment year or financial
year, means—
(i) for the purposes of calculating income-tax under the first proviso to sub-section (5)
of section 132, or computing the income-tax chargeable under sub-section (4) of section 172 or
sub-section (2) of section 174 or section 175 or sub-section (2) of section 176 or deducting
income-tax under section 192 from income chargeable under the head “Salaries” 2*** or
3[computation of the “advance tax” payable under Chapter XVIIC 4[in a case not
falling under section 115A or 5[section 115B 6[or section 115BB or section 115BBB or section
115E] or section 164 or section 164A 7*** 8[or section 167B]]], the rate or rates of income-tax
specified in this behalf in the Finance Act of the relevant year, and for the purposes of
computation of the “advance tax” payable under Chapter XVII-C 9[in a case falling under section
115A or 10[section 115B 6[or section 115BB or section 115BBB or section 115E] or
section 164 or section 164A 7*** 8[or section 167B]], the rate or rates specified in section
115A or 5[section 115B 6[or section 115BB or section 115BBB or section 115E] or section 164
or section 164A 7*** 8[or section 167B], as the case may be,]] or the rate or rates of income-tax
specified in this behalf in the Finance Act of the relevant year, whichever is applicable;]
(ii) for the purposes of deduction of tax under sections
193, 194, 11[194A, 12[194B, 194BB] 13[and 194D], the rate or rates of income-tax specified in this
behalf in the Finance Act of the relevant year;]
(iii) for the purposes of deduction of tax under 14[section 194LBA or] 15[section
194LBB or section 194LBC or] section 195, the rate or rates of income-tax specified in this
behalf in the Finance Act of the relevant year or the rate or rates of income-tax specified in 16[an
agreement entered into by the Central Government under section 90, or an agreement notified by
the Central Government under section 90A, whichever is applicable by virtue of the provisions
of section 90, or section 90A, as the case may be];]
(38) “recognised provident fund” means a provident fund which has been and continues to be
recognised by the 17[18[Principal Chief Commissioner or Chief Commissioner] or 18[Principal
Commissioner or Commissioner]] in accordance with the rules contained in Part A of the Fourth
Schedule, and includes a provident fund established under a scheme framed under the Employees’
Provident Funds Act, 1952 (19 of 1952);
“public servant” has the same meaning as in section 21 of the Indian Penal Code (45 of
1860);
1[
“rate or rates in force” or “rates in force”, in relation to an assessment year or financial
year, means—
for the purposes of calculating income-tax under the first proviso to sub-section
of section 132, or computing the income-tax chargeable under sub-section
of section 172 or
sub-section
of section 174 or section 175 or sub-section
of section 176 or deducting
income-tax under section 192 from income chargeable under the head “Salaries” 2*** or
3[computation of the “advance tax” payable under Chapter XVIIC 4[in a case not
falling under section 115A or 5[section 115B 6[or section 115BB or section 115BBB or section
115E] or section 164 or section 164A 7*** 8[or section 167B]]], the rate or rates of income-tax
specified in this behalf in the Finance Act of the relevant year, and for the purposes of
computation of the “advance tax” payable under Chapter XVII-C 9[in a case falling under section
115A or 10[section 115B 6[or section 115BB or section 115BBB or section 115E] or
section 164 or section 164A 7*** 8[or section 167B]], the rate or rates specified in section
115A or 5[section 115B 6[or section 115BB or section 115BBB or section 115E] or section 164
or section 164A 7*** 8[or section 167B], as the case may be,]] or the rate or rates of income-tax
specified in this behalf in the Finance Act of the relevant year, whichever is applicable;]
for the purposes of deduction of tax under sections
193, 194, 11[194A, 12[194B, 194BB] 13[and 194D], the rate or rates of income-tax specified in this
behalf in the Finance Act of the relevant year;]
for the purposes of deduction of tax under 14[section 194LBA or] 15[section
194LBB or section 194LBC or] section 195, the rate or rates of income-tax specified in this
behalf in the Finance Act of the relevant year or the rate or rates of income-tax specified in 16[an
agreement entered into by the Central Government under section 90, or an agreement notified by
the Central Government under section 90A, whichever is applicable by virtue of the provisions
of section 90, or section 90A, as the case may be];]
“recognised provident fund” means a provident fund which has been and continues to be
recognised by the 17[18[Principal Chief Commissioner or Chief Commissioner] or 18[Principal
Commissioner or Commissioner]] in accordance with the rules contained in Part A of the Fourth
Schedule, and includes a provident fund established under a scheme framed under the Employees’
Provident Funds Act, 1952 (19 of 1952);