ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

[CENTRAL BOARD OF DIRECT TAXES]

Notification

New Delhi, the 17th day of October, 2011

INCOME-TAX

S.O.2394(E).- In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-

1. (1) These rules may be called the Income-tax (7th Amendment) Rules, 2011.

(2) They shall come into force on the 1st day of November, 2011.

2. In the Income-tax Rules, 1962,-

((A) in rule 114, -

(a) in sub-rule (1), after the words, figures and letter “Form 49A”, the words, figures and letters, “ or 49AA , as the case may be” shall be inserted;

(b) in sub-rule (3),-

(i) for the words “accounting year” wherever they occur, the words “financial year” shall be substituted;

(ii) after item (iii), the following item shall be inserted, namely:-

“ (iv) in the case of a person who is entitled to receive any sum or income or amount , on which tax is deductible under Chapter XVIIB in any financial year, before the end of such financial year.”;

(c) in sub-rule (4), for the words “Table below shall be accompanied by documents mentioned in Column 3” the words “ Table below shall be filed in Forms mentioned in Column 3 and shall be accompanied by the documents mentioned in Column 4” shall be inserted ;

(d) For the Table, the following Table shall be substituted, namely : -

Check the Attached file for Details.



Comments


img

Trending Tags