Income Tax Department

Ministry of Finance, Government of India

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Rule Number 316

Definitions for purposes of rules 317 to 329

Rule Number

316

Upload Date

08/01/2026

Definitions for purposes of rules 317 to 329.

316. For the purposes of rules 317 to 329, the expressions-

(a)   "approving authority" means the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner;
(b)   "beneficiary" means a person referred to in paragraph 3(b) of Part B of Schedule XI to the Act for whom provision of gratuity is made;
(c)   "fund" means a "gratuity fund"; and
(d)   "trust" means the trust under which the fund is established and the expression "trustee" means a trustee thereof.

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