alleryStart learning →Employer contribution to which fund is deductible under s.36(1)(iv)?
AOwner's personal LIC
BPolitical party fund
CRecognised provident fund
DPartner's pension plan
Answer & Solution
Correct answer: C. Recognised provident fund
Section 36(1)(iv) allows an employer's contribution to a recognised provident fund or approved superannuation fund.
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